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Article: ‘Surveying was a kind of writing on the land’: The economics of land division as town planning

Title‘Surveying was a kind of writing on the land’: The economics of land division as town planning
Authors
KeywordsLayout
Surveyor
Physical planning
Public goods
Transaction costs
Issue Date2020
PublisherSage Publications Ltd. The Journal's web site is located at http://www.sagepub.co.uk/journal.aspx?pid=105732
Citation
Planning Theory, 2020, v. 19 n. 4, p. 421-444 How to Cite?
AbstractThis article is about the economic role of the primaeval layouts (plats) for a new development area as a conscious act of physical planning. It explains that these foundational layouts of a town or country in the ‘new world’ were traditionally the work of a surveyor, the impacts of which have been lasting. Typically following a grid iron pattern, with roots in ancient history, the layout of the surveyor may not look attractive. Yet, it has stood the test of time and continued to condition modern development. It serves two significant economic functions. First, it reduces several types of transaction costs, namely, those of competition for land, valuation allocation, identification and subdivision of land as well as revising a layout. Second, it serves to achieve agglomeration, establish a proprietary and common setting and provide vital information as different forms of public good.
Persistent Identifierhttp://hdl.handle.net/10722/286328
ISSN
2020 Impact Factor: 3.412
2020 SCImago Journal Rankings: 1.305
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorLai, LWC-
dc.contributor.authorDavies, SNG-
dc.date.accessioned2020-08-31T07:02:20Z-
dc.date.available2020-08-31T07:02:20Z-
dc.date.issued2020-
dc.identifier.citationPlanning Theory, 2020, v. 19 n. 4, p. 421-444-
dc.identifier.issn1473-0952-
dc.identifier.urihttp://hdl.handle.net/10722/286328-
dc.description.abstractThis article is about the economic role of the primaeval layouts (plats) for a new development area as a conscious act of physical planning. It explains that these foundational layouts of a town or country in the ‘new world’ were traditionally the work of a surveyor, the impacts of which have been lasting. Typically following a grid iron pattern, with roots in ancient history, the layout of the surveyor may not look attractive. Yet, it has stood the test of time and continued to condition modern development. It serves two significant economic functions. First, it reduces several types of transaction costs, namely, those of competition for land, valuation allocation, identification and subdivision of land as well as revising a layout. Second, it serves to achieve agglomeration, establish a proprietary and common setting and provide vital information as different forms of public good.-
dc.languageeng-
dc.publisherSage Publications Ltd. The Journal's web site is located at http://www.sagepub.co.uk/journal.aspx?pid=105732-
dc.relation.ispartofPlanning Theory-
dc.rightsLawrence WC Lai, Stephen NG Davies, ‘Surveying was a kind of writing on the land’: The economics of land division as town planning, Planning Theory, v. 19 n. 4, p. 421-444. Copyright © 2020 SAGE Publications. DOI: 10.1177/1473095220912791.-
dc.subjectLayout-
dc.subjectSurveyor-
dc.subjectPhysical planning-
dc.subjectPublic goods-
dc.subjectTransaction costs-
dc.title‘Surveying was a kind of writing on the land’: The economics of land division as town planning-
dc.typeArticle-
dc.identifier.emailLai, LWC: wclai@hku.hk-
dc.identifier.emailDavies, SNG: daiwaisi@hku.hk-
dc.identifier.authorityLai, LWC=rp01004-
dc.description.naturepostprint-
dc.identifier.doi10.1177/1473095220912791-
dc.identifier.scopuseid_2-s2.0-85083481241-
dc.identifier.hkuros313736-
dc.identifier.volume19-
dc.identifier.issue4-
dc.identifier.spage421-
dc.identifier.epage444-
dc.identifier.isiWOS:000527148700001-
dc.publisher.placeUnited Kingdom-
dc.identifier.issnl1473-0952-

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