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Backyarding : Theory and Evidence for South Africa (English)

This paper explores the incentives for backyarding, an expanding category of urban land-use in developing countries that has proliferated South Africa. The theoretical model exposes the trade-off faced by the homeowner in deciding how much backyard land to rent out: loss of yard space consumption in return for a gain in rental income. Under common forms for preferences, the homeowner's own-consumption of yard space falls as land rent increases, causing...
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Brueckner,Jan K.; Rabe,Claus; Selod,Harris.

Backyarding : Theory and Evidence for South Africa (English). Paper is funded by the Strategic Research Program (SRP)|Policy Research working paper|no. WPS 8636 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/491081541096912553

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