economic efficiency

Publication date: 1 Aug 2018 | Publication type: National Institute Economic Review | Theme: Macroeconomics | External authors: Cheshire, P | JEL classification: R13, R38 | Journal: National Institute Economic Review Issue 245 | Publisher: Sage Publications, London
This paper summarises the evidence from recent research relating to the British Planning system’s impact on the supply of development. Planning serves important economic and social purposes but it is essential to distinguish between restricting development relative to demand in particular places to...