Version 1
: Received: 12 April 2024 / Approved: 12 April 2024 / Online: 12 April 2024 (10:25:56 CEST)
How to cite:
Subedi, N.R.; McDougall, K.; Paudyal, D.R. Identifying the Impact Factors on the Land Market in Nepal from Land Use Regulation. Preprints2024, 2024040846. https://doi.org/10.20944/preprints202404.0846.v1
Subedi, N.R.; McDougall, K.; Paudyal, D.R. Identifying the Impact Factors on the Land Market in Nepal from Land Use Regulation. Preprints 2024, 2024040846. https://doi.org/10.20944/preprints202404.0846.v1
Subedi, N.R.; McDougall, K.; Paudyal, D.R. Identifying the Impact Factors on the Land Market in Nepal from Land Use Regulation. Preprints2024, 2024040846. https://doi.org/10.20944/preprints202404.0846.v1
APA Style
Subedi, N.R., McDougall, K., & Paudyal, D.R. (2024). Identifying the Impact Factors on the Land Market in Nepal from Land Use Regulation. Preprints. https://doi.org/10.20944/preprints202404.0846.v1
Chicago/Turabian Style
Subedi, N.R., Kevin McDougall and Dev Raj Paudyal. 2024 "Identifying the Impact Factors on the Land Market in Nepal from Land Use Regulation" Preprints. https://doi.org/10.20944/preprints202404.0846.v1
Abstract
Measuring the impact of land use regulation on the land market involves identifying and classifying relevant impact factors related to the land market. The objective of this study was to identify land market impact factors in the context of the introduction of land use regulation in Nepal. A desktop review was carried out to identify preliminary set of impact factors, which were reclassified through intuitive analysis based on the degree of thematic closeness. Perspective-based impact factors were identified through the qualitative analysis of primary data collected through semi-structured interviews with the Nepalese land market stakeholders. These independently derived impact factors were compared with the desktop literature review impact factors resulting in fourteen land market impact factors across four dimensions, including transaction cost, valuation, mortgage availability, taxation, and compensation across the economic dimension; lot size, subdivision restrictions, and coordination across the institutional dimension; awareness, expectation and proximity across the social dimension; and risk reduction, quality of residential land, and suitability of zoning classification across the environmental dimension. There was significant overlap and commonality across factors identified from both the literature review and semi-structured interviews. The land market impact factors determined in the study may be adapted and generalized across other countries and could be utilized to better understand the impacts of land policy decisions on urban planning and development. Further research is recommended on the process to operationalize the use of these factors to quantify the impact of land use regulation on different land markets.
Keywords
land use regulation, land market, stakeholders, qualitative data analysis, impact factors.
Subject
Social Sciences, Urban Studies and Planning
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
