Estimating the mediating effect of privately-supplied green space on the relationship between urban public green space and property value: Evidence from Shanghai,China

Much of the housing in China’s cities built since the opening up of housing markets in the 1990s is organized in residential clubs, with neighbourhood civic goods and services constructed by private developers, financed by residents’ fees, managed by property-management companies and governed by resident associations. This means that there are now three important types of green space in Chinese cities: public green space (open-access parks), private green space (gardens, exclusive to a private home) and club green space (greenery exclusive to fee-paying estate residents). We ask a simple but profound question: how does this three-fold green space morphology and economy influence housing prices and, by implication, locational preferences in the city? More specifically, we test the hypothesis that the privately supplied green spaces withing club-communities substitute for publicly supplied green spaces in the public realm. We find evidence in support of this hypothesis, showing for example, that unlike other kinds of green space, public district parks have no measurable use value to Shanghai home-buyers, using a hedonic valuation model. If urban planners in China understood that their cities have become ‘cities of clubs’, then they would plan open space differently and scarce public funds could be redirected to other public goods and services with measurable demand.     

Can mining countries take advantage of their mining rents? A question of abundance,concentration and institutions

ABSTRACT

A common puzzle in economics is whether natural resources are a ‘curse’ or a ‘blessing’ for economic development. Previous studies have suggested that resource booms can promote growth, but private rent-seeking can turn these booms into a curse if institutions are weak. We argue that private incentives differ depending on whether rents are diversified across different commodities or concentrated in a few of them, because greater diversification implies higher appropriation costs. By using SITC-4 level of export disaggregation to measure within-sector concentration in 131 countries during 1991–2015, we show that the effect of mining rents on economic growth is conditional on the level of concentration within the mining sector. Mining rents enhance growth for economies with low concentration and strong institutions but reduce growth for economies with high-concentration and extremely weak institutions.     

Forecasting housing land requirements

Summary

Because of pressures on the countryside by private housing development, the Government and the planners have become increasingly involved in planning policy issues and in forecasting land requirements. The forecasting techniques used are examined, and their translation into local allocations through structure and local plans and land availability studies are looked at. The demand for more land releases is attributed more to structural changes in the housebuilding industry and local land shortages in the south‐east than to real shortfalls in housing provision. There is a need for improved monitoring systems for land resource management, particularly in balancing ‘green‐field’ releases against development/redevelopment in existing urban areas.     

Food market liberalization: History and prospects

Abstract

Government intervention has been a feature of food markets in both industrialized and agrarian economies. However, the last 10 years have seen reforms aimed at reducing intervention; these have been a characteristic of ‘structural adjustment’. The process of reform has involved the replacement of administered by market‐determined prices and the abolition of trading parastatals or the removal of their monopoly. Despite an almost complete consensus that reforms are necessary and the absence of coherent local opposition, the pace and extent of reforms have varied. Moreover, views about liberalization tend to be polarized. Proponents argue that continued intervention is inefficient, unaffordable and distorting; antagonists suggest that unmodified markets lead to unacceptable inequalities, and expose producers and consumers to unacceptable risks. Moreover, weak fragmented markets do not constitute a sufficient base for sustained growth. This paper reviews the experience. It concludes that simple solutions of substituting public with private trading are not necessarily possible nor desirable, and argues that the nature of the debate may be misleading. The way forward may not lie in a choice between private market supremacy and conventional government intervention.     

Of waste facility siting and relational geographies of place: Peri-urban landfills,community resistance and the politics of land control in Ghana

The siting of landfills in peri-urban spaces is seen as both a solution to land scarcity in inner cities and a development opportunity for rural hinterlands. Despite the widespread reliance on landfills for managing urban waste in Ghana, their operation tends to ignite land use conflicts at different scales. However, existing studies on the drivers of these conflicts have mostly failed to situate local resistance within the broader political economy of land control. Drawing on a longstanding landfill conflict in northern Ghana, this contribution shows how under the guise of landfills, the land question in peri-urban spaces is contested. While at face value the landfill struggle appears to be fuelled by the associated poor environmental conditions and health risks of waste from the inner city, our findings reveal the role of diverse incongruities including: (i) the crafty tactics deployed by state institutions in land acquisition for 'public interest', (ii) payment of unrealistic consideration, and (iii) diversion of designated public lands to undeclared uses. Amid these contestations, the notion of territorial belonging by peri-urban communities often runs counter to statutory ordering by the government who hold such hitherto private lands for ‘public interest’. Powerful local actors such as chiefs hide behind community agitations with hopes of controlling land if such contestations materialize. These dynamics have ramifications for the achievement of the New Urban Agenda of Habitat III, which focuses on secondary cities. A sustainable resolution of landfill-related conflicts must therefore begin with addressing the land question in peri-urban spaces.     

Is public investment complementary to private investment in Indian agriculture? Evidence from NARDL approach

The issue of complementarity between public farm investment and private farm investment in Indian agriculture is an unsettled empirical question in the literature, which has not been studied adequately. Few studies analyzing the trends of both types of investments have produced contradictory results. Thus, this study attempts to bridge that gap, by examining the hypothesis of crowding‐in/crowding‐out effect of public sector investment on private investment. Time series data for a period of 45 years from 1971 to 2015 has been used. Adopting a ‘nonlinear auto‐regressive distributive lag’ (NARDL) model the study confirms a strong crowding‐in effect of public investment on private investment in short run, but relatively a weak complementarity between the two over long‐run. Moreover, the public canal intensity as a major component of public investment has been observed to have much stronger effect on private investment than the public investment itself. It is also found that private investment is constrained by its own lagged values, institutional credit and terms of trade during both short‐run and long‐run. The policy suggestion of this study calls for an immediate arrest of declining trend of public investment.     

The politics of preserving gender inequality: de-institutionalisation and re-privatisation

ABSTRACT

A backlash against gender equality is a core component of the contemporary tilt away from liberal democracy in some contexts. The backlash has been enabled by two developments that can de-institutionalise women’s rights. First, the privatisation associated with neoliberalism, and the austerity imposed by financial crises, have hollowed-out public provision of social services. The loss or erosion of public social protection systems reinforces the demand for unpaid care work, imposing a partial re-privatisation of women in their mothering roles. Second, security and immigration crises have inflamed nationalist right-wing populist movements that make the de-institutionalisationof liberal equality protections – including attacks on women’s rights provisions – a core signifier of anti-establishment credentials. The result is a stagnation at the global level since 2016 in the rate at which the gender gap is closing. Today, the active construction of inequality by gender – and its contestation – are more explicit features of national and global politics than ever before.     

Climate change: a rational choice politics view*

Reduction in carbon dioxide emissions constitutes a global public good; and hence there will be strong incentives for countries to free ride in the provision of CO₂ emission reductions. In the absence of more or less binding international agreements, we would expect carbon emissions to be seriously excessive, and climate change problems to be unsolvable. Against this obvious general point, we observe many countries acting unilaterally to introduce carbon emission policies. That is itself an explanatory puzzle, and a source of possible hope. Both aspects are matters of ‘how politics works’– i.e. ‘public choice’ problems are central. The object of this paper is to explain the phenomenon of unilateral policy action and to evaluate the grounds for ‘hope’. One aspect of the explanation lies in the construction of policy instruments that redistribute strategically in favour of relevant interests. Another is the ‘expressive’ nature of voting and the expressive value of environmental concerns. Both elements – elite interests and popular (expressive) opinion – are quasi‐constraints on politically viable policy. However, the nature of expressive concerns is such that significant reductions in real GDP are probably not sustainable in the long term – which suggests that much of the CO₂ reduction action will be limited to modest reductions of a largely token character. In that sense, the grounds for hope are, although not non‐existent, decidedly thin.     

Interactions between Brands and CO Labels: The Case of “Bavarian Beer” and “Munich Beer” – Application of a Conditional Logit Model

ABSTRACT

For the past four decades ‘country-of-origin’ (CO) research has been discussing the value of designations such as ‘Made in Germany’ or ‘Made in USA.’ However, published studies have not usually investigated brand-specific effects of ‘country-of-origin’ (CO labels). This article employs a choice experiment in order to analyse the impact of a CO label applied to branded food products. For this purpose, a nationwide survey was carried out in Germany to measure the effect of the geographical indications ‘Bavarian beer’ and ‘Munich Beer’ on brand choice. The results indicate that weak unknown brands can benefit especially from the labeling of geographical indications.     

Measuring Individual Preferences for Rural Multifunctionality: The Importance of Demographic and Residential Heterogeneity

We propose an approach to conceptualise ‘rural multifunctionality’ and further investigate peoples’ preferences for it. We use an opinion survey concerning individual preferences for several functions that rural spaces should provide. We use the analytical hierarchy process approach to assess the relative importance of each function. The results show how the social weightings of these functions are balanced, confirming that society demands truly multifunctional rural territories. Nonetheless, differences are found in individual preferences. We explore the demographic and socioeconomic determinants of these individual preferences, paying particular attention to the importance of heterogeneity using seemingly unrelated regressions. In short, results from this research could be employed as a useful informative element for the future development of public policies related to rural spaces.     

Property rights and the public trust doctrine in environmental protection and natural resource conservation*

We examine the implications of the public trust doctrine in natural resource protection and conservation. A model of litigation and settlement among disputing parties suggests that the public trust doctrine introduces more costs and is more time consuming than would be the case with alternative approaches, such as the purchase of private rights through market transactions or application of eminent domain powers to reallocate the resource. Because the doctrine allows for uncompensated redistribution, it is resisted by current resource owners. Furthermore, by providing open standing to members of the public in challenging existing uses, public trust disputes encourage excessive demands, increasing the incidence of trial over settlement. This outcome is exacerbated if the plaintiffs derive utility from the ‘cause’ and provide litigation services at below‐market rates, leading to greater investment in litigation. The costs of the public trust doctrine appear to have limited its application beyond the level anticipated by proponents. We present a case study of Mono Lake, part of the well‐known 1983 litigation, National Audubon v. Superior Court to illustrate our arguments.     

An Organisational Discussion of Incomplete Contracting and Transaction Costs in Conservation Contracts

Conservation in the agricultural sector is difficult to achieve. A primary complicating factor in achieving conservation is the large number of public good environmental services provided by large numbers of individuals acting under diverse economic and ecological conditions. The complexity of the problem implies that additional consideration must be given to transaction cost economics and the theory of incomplete contracting. Drawing on insights from organisational economics, this paper argues that conservation policy and research could be improved with explicit consideration of the effects of ‘holdup problems’, transaction costs and trust on the provision of conservation services. ‘Bottom‐up’ approaches are promising as they directly incorporate these organisational issues, and the paper concludes with an example of a ‘bottom‐up’ conservation programme, the Ontario Environmental Farm Planning programme.     

Housing land availability — some observations of the process of housing development in contrasting urban locations

Summary

Housing development operates at different levels of intensity in the urban areas of Britain, and private and public housebuilders exert varying pressures on local planning authorities. The findings of a research study on the provision of land for residential development in urban areas are examined by means of six case studies. These expose the significance of landownership and planning policies in influencing the rate of housing development. In order to exploit fully the potential of urban sites for residential development there is a need for coordinated action by local authorities which may include compulsory purchase power and a housing development budget.     

The land resource: Policy and management

Summary

This paper advocates the preparation by major urban planning authorities of land budgets to obtain a satisfactory balance between the development of derelict or vacant land and greenfield sites. Such budgets, requiring a city‐regional dimension, should be implemented by the public and private sectors, both of which need to find means of channelling profits from peripheral or out‐of‐town projects to counter losses on the development or ‘greening’ of inner‐city sites. Suggestions are made as to the form of land budgets, and the means by which they could be put into effect. The paper reviews briefly the various outlooks on the issue of balance between the development of urban and rural land, and the state of the art of priority setting for this purpose by central and local government. Although high standards are set by a few metropolitan areas in accounting for and monitoring the land resource, this is by no means widespread. Indeed in several major urban areas the matter does not even appear to be treated as a policy issue. Amongst the measures required to improve the situation is the need for wider use of skills attuned to development finance and management.     

Do IMF Programmes Have a Catalytic Effect on Other International Capital Flows?

It has frequently been assumed that the International Monetary Fund (IMF) plays an important catalysing role in mobilizing international capital for developing countries and countries in transition. The Fund has conventionally been depicted as a "gatekeeper" that unlocks financial flows from other sources, particularly private international capital markets. However, more recently, international financial crises have highlighted the problem of capital volatility and have led to calls for reform of the international financial architecture and, as part of this, the IMF. Unfortunately, basic questions about the interaction between current institutional arrangements and international capital markets have yet to be answered. How do international capital markets react to the activities of the IMF? Do the reactions of private and public lenders differ? Have their reactions changed over time? Do market responses depend on country characteristics and on the type of IMF involvement and, if so, how? This paper addresses these questions and goes on to discuss the policy implications that arise.     

Zoning plan-based legal confiscation without expropriation in Turkey in light of ECHR decisions

The right to property is a fundamental human right guaranteed by international conventions. In countries like Turkey, where the principles of private ownership apply, this right is guaranteed by laws. The right to property may be restricted by law only in the case of public interest. Nevertheless, the right of ownership of immovable property can be transferred to the public authority only with payment. However, in some cases, a person's immovable property may be de facto converted into a public facility without expropriation. This process is called “confiscation without expropriation”. This concept was introduced into the Turkish Legal System in 1956 by the unauthorized conversion of immovable property for a road. Today, especially in planned areas, a different type of confiscation without expropriation is often seen. Zoning plans are known to be public tools that reorganize properties in public interest. However, the uncertainty in the implementation process of these plans negatively affects the owners of parcels reserved for public use in the zoning plan. This situation is defined in terminology as “legal confiscation without expropriation”. In this study, the subject has been discussed in the light of the European Court of Human Rights (ECHR) decisions and Turkish judicial decisions, and which institutions are responsible for what kind of zoning functions within zoning plans have been investigated. Official (ex officio) applications and voluntary applications have been compared. Conceptual illustrations on the subject have been prepared. According to the results obtained from the study, it has been stated that all public spaces in the zoning plan are not subject to legal confiscation. Due to their location or characteristics, protected areas, unsuitable geological areas and parcels remaining in agricultural areas can be allocated as public spaces in the zoning plan. In such a case, it is not possible to say that there is legal confiscation. In terms of plan classification, there may be legal confiscation in areas if only a 1/1000-scale implementary zoning plan is in practice. As a solution for legal confiscation, land and real estate arrangements should be made ex officio and without delay. In addition to this, alternative models are also needed. Otherwise, public institutions will be subject to severe financial burdens. Some of the proposals include: granting construction right to zone cadastral parcels affecting public facility areas, or granting the right to construct all cadastral parcels in the plan in specified amounts and also developing a zoning right transfer system.     

Food Safety and Private International Law

Abstract

One response to rising consumer concerns pertaining to food safety has been private industry and public sector initiatives to put in place traceability systems. One of the objectives of traceability systems is to enhance the deterrence role played by legal liability. When supply chains cross international boundaries, private international law governs liability. This paper explores the relationship between food safety, traceability, legal liability and private international law with the interface of Canadian and US law as the example. The conclusion is that, even when legal systems have a similar basis and governments cooperate in enforcement, the complexity of private international law will inhibit the role of traceability and liability in raising food safety standards.     

Adoption of Agricultural E-Marketing: Application of the Theory of Planned Behavior

In this study, the authors used the theory of planned behavior (TPB) as a base model to determine how attitudes, subjective norms, and perceived behavioral control predict the intention of agricultural services professionals to adopt e-marketing of agricultural commodities. A convenient sample of 146 professionals from the public (n?=?61) and private sectors (n?=?85) were surveyed. Overall, results showed that the TPB model explained 94% and 71% of the variation in behavioral intent for public professionals and private professionals, respectively, with the remaining 6% and 29% relating to the other factors. Results for the public professionals showed that subjective norm and perceived behavioral control have a more important effect on adoption and that the effect of attitude was very small among professionals in private sector. Both groups selected the information services model as an appropriate in agricultural electronic marketing for local farmers so that agricultural services firms can offer only information services of farmers’ products without a direct role in buying and selling. Based on the results, it is recommended that to accelerate the adoption of e-marketing, its user-friendliness and advantages should be demonstrated to users via different platforms such as video presentations and workshops. In addition, the technology should be made available to potential users, and they should be encouraged and motivated to use it to ensure efficiency in the processing of transactions.     

Urban land and property ownership patterns in the UK: trends and forces for change

The first part of this review examines what is meant by ‘urban land and property’ (ULP) and looks at the background of ULP in the light of trends in UK urban areas over the past 50 years.Key conceptual approaches to the ULP ‘ownership issue’ are identified, together with the constraints to empirical analysis, which include a lack of data and patchy and inconsistent datasets. Three main components of ULP ownership in the UK are then examined using published data on commercial property, residential property and urban land, including ‘previously developed land’ (PDL) and ‘development land, covering both the private and public sectors.The review examines past trends in ULP ownership patterns in these sectors within the UK, and the key drivers which have created the present day patterns of ULP ownership. It concludes by identifying possible future trends in ULP ownership over the next 50 years to 2060 in the three main ULP sectors.