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Urban Studies, Vol. 22, No. 1, 49-56 (1985)
DOI: 10.1080/00420988520080051
© 1985 Urban Studies Journal Limited

The Supply of Land

D.G. Wiltshaw

Department of Town & Country Planning, Trent Polytechnic, Nottingham, United Kingdom

The supply of land to a use may result from individual suppliers maximizing utility. As a consequence: the slope of the supply curve cannot be determined a priori; supply will be influenced by the distribution of non-land income; different tenure categories will behave according to the balance of substitution and welfare effects; compulsory purchase may be necessary to surmount individual preferences; and the effect of a development gains tax on change of use will depend upon the relation between the rate of tax, the tax base, and the supplier's compensating variation.


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C.D. Adams, A.E. Baum, and B.D. MacGregor
The Availability of Land for Inner City Development: A Case Study of Inner Manchester
Urban Stud, February 1, 1988; 25(1): 62 - 76.
[Abstract] [PDF]