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Land Value Capture: Dynamics and Diversity of Instruments and Strategies

Town planning review(2023)

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摘要
Land value capture refers to a range of methods utilised by public authorities to obtain a portion of the rise in land values from landowners. To enable both researchers and decision-makers to comprehensively assess the outcomes and effects of land value capture, evaluation frameworks are necessary. This special issue adopts four generic evaluation criteria as a framework for analysing the various land policy instruments: effectiveness, efficiency, justice and legitimacy. The opening editorial paper places this evaluation framework within the context of land value capture instruments and introduces the contribu-tions to this special issue. The issue intends to show how studying land value capture policies based on explicit evaluation criteria can help their strategic application in diverse institutional settings.
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关键词
land values,value capture,urban development,land policy
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