WET GROWTH: EFFECTS OF WATER POLICIES ON LAND USE IN THE AMERICAN WEST*
研究了科罗拉多州和新墨西哥州的水政策对住房供给的影响，发现基于价格的水资源保障工具优于数量限制，而影响费促进了水资源开发但未限制增长。
ABSTRACT Rapid population growth and increasing water development costs have prompted many western governments to condition residential development approval on the adequacy of water supplies. We examine the effects of these regulations on housing supply in Colorado and New Mexico using fixed‐effects panel regressions. Our findings suggest that price‐based tools to ensure water availability may be a preferred regulatory alternative to quantity restrictions. Attempts to restrict groundwater basin access have not unambiguously corrected negative externalities related to growth. Meanwhile, Colorado cities' aggressive use of impact fees has facilitated water resource development, without limiting growth.