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Urban Growth Boundary Impacts on Development and Land    Value in Knoxville, Tennessee
NRPC Lead: Seong-Hoon Cho

Outside Researcher: Steven T. Yen

Funding Source: Lincoln Institute of Land Policy

Project Description
The goal of this project is to provide systematic insights about the differentiated impacts of growth policy on residential development and land value between urban and rural-urban interface areas. We focus on the differences in the spatial structure of the driving forces of land use and impacts of urban growth boundary. This will be accomplished by developing and estimating a simultaneous-equations model of binary land development and continuous land value. Factors causing distinctively different patterns of land development and land value will be identified and results will be used to revise the urban growth boundary.

Research Objectives
The following research objectives summarize what we intend to achieve within the scope of this project:

  • Develop a dataset that contains information about land parcels, census-block groups, jurisdiction, growth boundaries, school districts, and distances between land parcels and various locations, i.e., downtown, water bodies, parks, golf courses, greenway, and railroads.
  • Develop a simultaneous-equations model with mixed discrete and continuous endogenous variables, for land development and land value, and estimate the model with a maximum-likelihood procedure.
  • Calculate marginal effects of socioeconomic, environmental, and jurisdictional variables on the endogenous variables, which facilitate interpretation of the effects of urban growth boundary.
  • Find different impacts of growth boundaries on the urban and rural-urban interface areas on development and land value for potential needs for revision of the existing growth plans.

 


Project Links
Seong-Hoon Cho
University of Tennessee
Agricultural Economics
scho9@utk.edu
Steven T. Yen

Lincoln Institute of Land Policy

 

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~To enhance policy making relative to the sustainable management
of natural resources in Tennessee and the Southeastern Region~
The University of Tennessee