- Teaching Urban Economics to Planners and the Role of Urban Planning to Economists
- Principles of Planning for Economists
- What Planners Need to Know about the “New Urban Economics”
- Managing Change in Urban Infrastructure Systems
- Urban Structure and Economic Growth
- Discovering the Efficiency of Urban Sprawl
- Urban Decentralization, Suburbanization, and Sprawl: An Equity Perspective
- The Role of Industrial Clustering and Increasing Returns to Scale in Economic Development and Urban Growth
- Social Interactions within Cities: Neighborhood Environments and Peer Relationships
- Does Working Together Prevent Crime? Social Capital, Neighborhoods, and Crime
- The Drug War and Inner-City Neighborhoods
- Homelessness in the United States
- Urban Poverty, Economic Segregation, and Urban Policy
- Racial Residential Segregation in American Cities
- Spatial Assimilation and Its Discontents: The Changing Geography of Immigrant Integration in Metropolitan America
- Gentrification: Perspectives of Economists and Planners
- Economic and Planning Approaches to Natural Disasters
- Housing Markets, Prices, and Policies
- The Economics of Zoning
- Exclusionary Land-Use Policies: Economic Rationales and Legal Remedies
- Infill Development: Perspectives and Evidence from Economics and Planning
- The Economics of New Urbanism and Smart Growth: Comparing Price Gains and Costs between New Urbanist and Conventional Developments
- Toward a Second Generation of Land-Use/Travel Models: Theoretical and Empirical Frontiers
- Transportation Economics for Planners in the Twenty-First Century
- Transportation Policy: Public Transit, Settlement Patterns, and Equity in the United States
- Urban Education: Location and Opportunity in the United States
- The Role of the Workforce Development System in the Economic Development of Urban Areas
- The Roles of Tax Incentives and Other Business Incentives in Local Economic Development
- The Interface of Urban Economics and Urban Planning in Local Economic Development Practice
- Framing Urban Systems and Planning Concerns as a Multilevel Problem: A Review of the Integrated Urban System Models with an Emphasis on Their Hierarchical Structures
- Fiscal Impact Analysis and the Costs of Alternative Development Patterns
- Addressing Local Fiscal Disparities
- Land-Use Regulations and Property Values: The “Windfalls Capture” Idea Revisited
- The High-Rise and the slum: speculative urban development in mumbai
- Housing Informality: An Economist's Perspective on Urban Planning
- Transportation in African Cities: An Institutional Perspective
- Globalization and Urban Growth in the Developing World with Special Reference to Asian Countries
- Third World Urban Migration as a Global Sustainability Challenge
- Urbanization in Japan, South Korea, and China: Policy and Reality
- Author index
- Subject Index
Abstract and Keywords
The growing recognition of the relationship between decisions about growth (how and where it occurs) and public sector budgets has contributed to the attention given in academia and in practice to fiscal impact analysis. This article explores the theory and practice of fiscal impact analysis with a focus on the relationship between government budgets and urban development patterns. Conventional wisdom states that higher-density development, or compact growth, produces more favorable fiscal impacts than low-density suburban sprawl. Furthermore, the article presents a framework for understanding fiscal impact analysis. It also presents a discussion of the methods of fiscal impact analysis and a discussion of the relationship between development patterns and fiscal impacts. Finally, it highlights some thoughts on the use of fiscal impact analysis for making development decisions.
Lorelei Juntunen is a senior project manager at ECONorthwest. She has assessed the fiscal impacts of various growth policies (greenfield expansion and infill/redevelopment) for her public sector clients. She has a master's degree in community and regional planning and a master's degree in public administration from the University of Oregon.
Gerrit-Jan Knaap is Professor of Urban Studies and Planning and Director of the National Center for Smart Growth Research and Education at the University of Maryland. Knaap's research interests include the economics and politics of land use planning, the efficacy of economic development instruments, and the impacts of environmental policy. He serves on the State of Maryland's Smart Growth Subcabinet and Sustainable Growth Commission and the Science and Technical Advisory Committee to the Chesapeake Bay Commission. Knaap earned his B.S. from Willamette University, his M.S. and Ph.D. from the University of Oregon, and received post-doctoral training at the University of Wisconsin-Madison, all in economics.
Terry Moore, FAICP, is a project manager at ECONorthwest, an economics and planning consulting firm. He has managed more than 500 projects in transportation and land-use planning, economic development, growth management, and market, feasibility, and fiscal analysis and has written or contributed to several books and articles on these topics.
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