Tag: land reallocation
Urban Land Misallocation and Markets in Russian Cities
Authors: Paul Castañeda Dower, CEFIR and William Pyle, Middlebury College.
Former socialist countries inherited factory-dominated cityscapes since planners made industrial location decisions in relative ignorance of land’s opportunity costs. Drawing on unique survey evidence and policy variation across territorial units within Russia, this brief discusses the relationship between land tenure reforms and land reallocation. The evidence points to land privatization as an important factor in the reallocation of land in Russian cities.