Development impact fees: A vehicle or restraint for land development?

Sang Seok Bae; Sung Wook Kwon; Christopher Coutts; Sang Chul Park; Richard Clark Feiock

doi:10.4335/13.3.1047-1065(2015)

Development impact fees: A vehicle or restraint for land development?

Sang Seok Bae, Sung Wook Kwon, Christopher Coutts, Sang Chul Park, Richard Clark Feiock

Political Science

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

Although development impact fees have been used by local governments for decades, it is still not well understood how this tool serves its fundamental policy goal of growth management. Previous studies have shown that impact fees can serve as either a vehicle or restraint for land development. By using panel data from florida counties in the u.S., this study shows that the use of impact fees precipitates local development by increasing the value of developable parcels. Impact fees allow developers to pursue more development activities as they bear the imposed fees.

Original language	English
Pages (from-to)	1047-1065
Number of pages	19
Journal	Lex Localis
Volume	13
Issue number	4
DOIs	https://doi.org/10.4335/13.3.1047-1065(2015)
State	Published - Oct 2015

Keywords

Development impact fees
Florida counties
Growth management
Land development
Uncertainty

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title = "Development impact fees: A vehicle or restraint for land development?",

abstract = "Although development impact fees have been used by local governments for decades, it is still not well understood how this tool serves its fundamental policy goal of growth management. Previous studies have shown that impact fees can serve as either a vehicle or restraint for land development. By using panel data from florida counties in the u.S., this study shows that the use of impact fees precipitates local development by increasing the value of developable parcels. Impact fees allow developers to pursue more development activities as they bear the imposed fees.",

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author = "Bae, {Sang Seok} and Kwon, {Sung Wook} and Christopher Coutts and Park, {Sang Chul} and Feiock, {Richard Clark}",

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AU - Feiock, Richard Clark

PY - 2015/10

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KW - Uncertainty

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Development impact fees: A vehicle or restraint for land development?

Abstract

Keywords

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