political economy and land valuation methods

Clicks: 330
ID: 140420
2015
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Abstract
Land is a key factor for urban planning and is a basic input for any housing and construction policy in public spaces. This requires the utmost rigor in the scientific perception, instruments and methods that are appropriate for determining the price of urban land. Before presenting and discussing these aspects, this article examines the arguments of classical and neoclassical economic theory that explain the principles of studying valuations as part of a theoretical conception of economical sciences. This review stresses poorly understood notions, such as this: the price of land is not established in the production process and it is not produced like any other commodity, since its existence comes from processes of higher productivity and resource ownership that makes a difference in productivity in a market where the worst production conditions regulate prices; in short, it is the market and not land ownership what defines land prices, consistent with the valuation of utility in the production process of built environments.
Reference Key
torres2015equidadpolitical Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors ;Francisco José Pérez Torres
Journal optical materials
Year 2015
DOI
10.19052/ed.3472
URL
http://revistas.lasalle.edu.co/index.php/ed/article/view/3472
Keywords
Development demography planningeconomic theory métodos generales de avalúoeconomic growth

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