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Economic Analysis of Provincial Land Use Policies in Ontario
This book describes and analyses the provincial government's role in municipal and regional planning. The conversion of farmland to urban and other uses is discussed, as are the issues raised by the reports of the Ontario Planning Act Review Committee and the Federal/Provincial Task Force on the Supply and Price of Serviced Residential Land and the province's Green Paper on Planning for Agriculture. The authors criticize the government's failure to conduct cost-benefit studies before setting up planning programs and show that there is little factual basis for recent alarm over the disappearance of farmland. Data gathered here for the first time show that the conversion of agricultural land to built-up urban use and non-farm rural residential use in Ontario has been taking place quite slowly in view of the rate of productivity increase in agriculture, the stock of agricultural land, and the decline in the acreage of census farms. Economists will find in this book a useful survey of recent trends and policies. Planners, policy-makers, and students will welcome this detailed case study of how economic analysis ought to be used in formulating land use policies.
An Economic Analysis of the Impact of Oil Prices on Urban Structure
This study examines ways in which residents of Canadian cities are affected by increases in petroleum prices. The authors apply economic models of residential and industrial location to determine the response of individuals and firms to higher oil prices in the short run and the long run.
Social Regulation in Markets for Consumer Goods and Services
From the back cover: Regulation concerned with the "quality" or safety of goods and services, or their method of production, ecompasses a major, but increasingly challenged, part of government "intervention" in the market. This study presents an economic analysis of such regulation in Canada and, in particular, Ontario. The authors identify the main costs and benefits of regulation suggest a methodology for rational government activity in this area, and critically assess the desirability of various existing and proposed policies in Ontario, and to some extent Canada. The volume also provides a summary of the legal basis of social regulation from an economic perspective, with emphasis on the division of powers between the federal and provincial levels and its economic implications. The authors conclude with a brief summary of the social regulatory activities of the government of Ontario, organized by ministerial responsibility.
Speculation and Monopoly in Urban Development
The recent rapid rise in land and housing prices in Canadian cities has generated much public concern. It is widely supposed that prices have been inflated by monopolistic developers, an assumption that has never been adequately tested. This study evolves a model of the land development process which includes a new theory of land pricing giving special emphases to market structure, speculation, and taxation. It then applies the model to the first fully documented examination of the Toronto land market, presenting specific original data on ownership and land assembly. The history of the conversion of farmland to residential use in four recent Toronto subdivisions permits a close look at the a...
The Oxford Handbook of International Antitrust Economics
More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it...
Strategy, Structure, and Antitrust in the Carbonated Soft-Drink Industry
Pepsi-Cola and Coca-Cola are widely recognized as being two of the premier marketing companies in the world. They have introduced a great variety of new products and package types. They have raised celebrity advertising to a new level. Coca-Cola even changed the formula for Coke. These and other developments in the carbonated soft drink industry came about from major strategy changes by Pepsi-Cola and Coca-Cola. Rather than simply reacting to a changing competitive environment, PepsiCo and The Coca-Cola Company have created and implemented strategies that turned the new environment to their advantage. Although Pepsi-Cola attacked Coca-Cola's dominance and achieved near-parity with Coke in bo...
