This important volume brings together seminal papers investigating
the framework upon which the economic analysis of land markets is
based, stretching from the earliest insights of the founding
fathers to current debates and research. Recent work on the process
and implications of 'land value capitalisation' and land use
regulation is well represented, for due to capitalisation, land is
responsible for far more of the distribution of real incomes than
is widely recognised. This collection settles this, restoring the
study of land markets to its rightful place - central to economic
understanding. With an original introduction by the editors this
insightful collection is an essential reference point for students,
researchers and policymakers.
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