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Comparative urban institutions and intertemporal externality: a revisit of the Coase conjecture

Deng, Feng
Munich Personal RePEc Archive · Reports
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energyenvironmentfederalismnatural-resourcesproperty-rightssecession
Coase originally formulated his conjecture about intertemporal price competition in the context of a land market, but it has been applied almost exclusively to non-spatial markets. This paper revisits the Coase Conjecture in the context of land development and urban institutions. I compare four in
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