A publication in Journal of Planning Literature

Land policy influences how and by whom land is used; therefore, it impacts the efficiency and equity of land use. The article offers an economic perspective on efficiency and equity as fundamental purposes of planning and land policy. It brings a highly needed mutual understanding between planning and economics, whilst acknowledging the limitations of the theoretical concepts of efficiency and equity in their real-world applications. The article also provides a solid ground for analysing trade-offs between efficiency and equity of land policy interventions. 

The article is available here.