This chapter is an introduction to the economics of the connection between urban transportation and land use. The nature of the transportation system strongly influences the patterns of land use in an urban area. Indeed, the long-run histories of urban areas sometimes are identified with the dominant mode of transportation of the time; the age of rail, the age of the automobile, and so on. Supp...

The purpose of this paper is to identify structural changes in the Korean housing market for evaluating the sustainability of the Korean housing market and to derive important implications to seek housing business strategies and public policies. Two time periods were analyzed: April 2001–December 2007 and January 2008–December 2014 to identify the impact after the global financial crisis of 200...

One of the rare consensus among the different resources-base economic analytical approaches concerns to the strategic role of the mineral rent, as a decisive tool to assure that the temporary wealth generated in the present can turn into permanent income in the future. For this reason, the evaluation, distribution and use of the mining rent plays a central part in the mining city’s development ...

In the last two decades, Ecuadorian state, under presidencies of left-wing Rafael Correa and his successor Lenín Moreno, has pursued a clearly marked development strategy based on extraction export raw materials, especially oil. Ecuador’s natural resource-driven model, appropriation distribution resource rents play significant role. These render economic, institutional, political reforms projec...

I develop a model of rent seeking with informational foundations and an arbitrary number of rent seekers, and I compare the results with Tullock’s (1980) classic model where the influence activities are “blackboxed.” Given the microfoundations, the welfare consequences of rent seeking can be studied. In particular, I show that competition among rent seekers can be socially beneficial, since the...

The good effects of globalization are not felt by all countries. Lower-middle-income countries constrained ineffective or poorly implemented economic policies in those One indicator this ineffectiveness is the low rate controlling rent-seeking lower-middle-income Therefore, study analyzes effect on growth It important to where has an role development This also uses control variables such as cap...

We report an experiment designed to evaluate the impact of loss aversion on rent-seeking contests. We find, as theoretically predicted, a negative relationship between rent-seeking expenditures and loss aversion. However, for any degree of loss aversion, levels of rent-seeking expenditure are higher than predicted. Moreover, we find that the effect of loss aversion becomes weaker with repetitio...

This article examines how the US, Russia and China have promoted expanded rent extraction in Kazakhstan Kyrgyzstan. While global powers articulated competing discourses strategies on economic development region, they largely achieved similar outcomes of rentierism. In ‘free market’ agenda Washington Consensus has co-existed with China's Belt Road Initiative (BRI) Russia-led Eurasian Economic Un...