Spring/Summer 1984, Vol 9, No 1

Abstract: This article is an empirical study of the allocative effects of government zoning in Champaign-Urbana, Illinois. The results of the study reveal that the supply effects of existing zoning appear to dominate any externality effects that might exist, which suggests that the zoning in Champaign-Urbana does more harm than good. Several location variables are introduced to deal with the fact that the value of land would vary across land use zones in the adsense of government zoning.