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Land Value Increments as a Measure of the Net Benefits of Urban Water Supply Projects in Developing Countries: Theory and Measurement
Bahl, Roy W. Coelen, Stephen Warford, Jeremy J.
Bahl, Roy W.
Coelen, Stephen
Warford, Jeremy J.
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Abstract
The subject of this paper is the extent to which the benefits of urban water supply projects are capitalized into land values. Its focus will be the theoretical conditions necessary for such capitalization in a developing country context. In a later section of the paper, we present a brief anatomy of the kind of empirical approach which seems appropriate to test this model.
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<p>From Government Spending & Land Values: Public Money & Private Gain, ed. C. Lowell Harriss. Reprinted by permission of the University of Wisconsin Press. © 1973 by the Board of Regents of the University of Wisconsin System. All rights reserved.</p>
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1973
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Bahl, Roy W., Stephen P. Coelen, and Jeremy J. Warford. "Land Value Increments as a Measure of the Net Benefits of Urban Water Supply Projects in Developing Countries: Theory and Measurement" in Government Spending & Land Values: Public Money & Private Gain, ed. C. Lowell Harriss, 171-188. University of Wisconsin Press, 1973.