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date: 16 October 2019

Abstract and Keywords

Two largely separate literatures exist on regional economic development and land use economics. This article argues that a full understanding of each of the two areas requires greater knowledge of their interrelationship. It reviews key studies of the two literatures, particularly those related to the close interconnectedness of regional economic development and land use. It contends that a critical shortcoming in the literatures is that key features that affect both land use and economic activity are typically not systematically considered. It then posits that the spatial equilibrium framework is especially suited for understanding the various feedback mechanisms that affect both. Also particularly promising are the increased availability of geographical information system data and microdata, as well as recent methodological advances in empirical estimation and modeling.

Keywords: land use, regional economic development, spatial equilibrium framework

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