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

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

Research output: Contribution to journalArticlepeer-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 languageEnglish
Pages (from-to)1047-1065
Number of pages19
JournalLex Localis
Volume13
Issue number4
DOIs
StatePublished - Oct 2015

Keywords

  • Development impact fees
  • Florida counties
  • Growth management
  • Land development
  • Uncertainty

Fingerprint Dive into the research topics of 'Development impact fees: A vehicle or restraint for land development?'. Together they form a unique fingerprint.

Cite this