Aug 2, 2022
Lincoln Feature | How Infrastructure Shapes Cities
Decisions on infrastructure investment exert powerful, long-term impacts on the built urban environment, and vice versa. Should governments subsidize highway construction or public transit? Is it preferable to invest in durable rail infrastructure or flexible bus systems? How will various infrastructure choices affect local residents and workers? Two chapters from the newly published book Infrastructure ...
Jul 6, 2022
Lincoln Feature | Who Should Provide Infrastructure? On Regulation, Privatiza...
Authors: José A. Gómez-Ibáñez, Zhi LiuInfrastructure requires massive, long-term, geographically fixed investment. As a result, the lowest-cost market delivery model often relies on a single firm for construction, operation and maintenance, creating a market with limited competition — an economic concept known as natural monopoly. How to protect consumer interests under limited competition has long ...
Jul 1, 2022
Lincoln Feature Article | Is Infrastructure Finance Such a Big Headache?
Authors: José A. Gómez-Ibáñez, Zhi LiuAcross the globe, there is an urgent demand for infrastructure construction and upgrading. Yet governments frequently struggle to cover the high costs of infrastructure development and maintenance. Two chapters in the new book Infrastructure Economics and Policy: International Perspectives, published by the Lincoln Institute of Land Policy, address infrastructure ...
Jun 24, 2022
Lincoln Feature | Building the Breathable City: What Role Should Land Value C...
What determines land values? Classical economists argue that the answer lies in what the land produces. Nevertheless, land itself forms part of the natural environment, which exerts profound impacts on land values. This interconnection between land and the environment is prominently reflected in how air quality shapes land values. How does air quality affect land values? This brief article outlines ...
May 17, 2022
Lincoln Book Series | Financing Mechanisms for Protected Areas in China
This book is part of the Lincoln Book Series published by the Peking University–Lincoln Institute Center for Urban Development and Land Policy.In recent years, the development of China’s protected area system has attracted growing national attention. A steady stream of policy documents indicates that building a robust protected area system has become a core component of ecological civilization construction....