NAVIGATING UPZONING: AN INSTITUTIONAL-BASED VIEW OF HOUSEBUILDERS’ STRATEGIC RESPONSE TO TRANSIT-ORIENTED ZONING REGULATION IN SAO PAULO.
"2025-07-24 16:41:24" // app/Providers/../Base/Publico/Artigo/resources/show_includes/info_artigo.blade.php
App\Base\Administrativo\Model\Artigo {#1845 // app/Providers/../Base/Publico/Artigo/resources/show_includes/info_artigo.blade.php #connection: "mysql" +table: "artigo" #primaryKey: "id" #keyType: "int" +incrementing: true #with: [] #withCount: [] +preventsLazyLoading: false #perPage: 15 +exists: true +wasRecentlyCreated: false #escapeWhenCastingToString: false #attributes: array:35 [ "id" => 122360 "edicao_id" => 405 "trabalho_id" => 221 "inscrito_id" => 692 "titulo" => "NAVIGATING UPZONING: AN INSTITUTIONAL-BASED VIEW OF HOUSEBUILDERS’ STRATEGIC RESPONSE TO TRANSIT-ORIENTED ZONING REGULATION IN SAO PAULO." "resumo" => "This paper applies the institutional-based view of strategy to investigate how speculative housebuilders in Sao Paulo have responded to transitionary scenarios in zoning regulations, considering an analytical framework centred on the local-scale contingencies of the development process. By looking at a unique dataset of disaggregated housing output, we draw three main conclusions: first, land markets become more competitive inside TOZ districts, resulting in increased oligopolistic power of those firms able to secure development sites; second, compliance with land use regulations promoted structural changes in building features of new schemes; and third, the supply of compact housing helped to leverage financial performance during a period of economic recovery. The findings corroborate the view that upzoning decisions – seen as part of the institutional structure of the development process – offer both constraints and enablers for residential development activity. Furthermore, by analysing the time variance in the behaviour of the housing supply indicators, the study demonstrates a price strategy and a volume strategy in the way housebuilders employ local strategies to respond to wider structural contingencies." 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"resumo" => "This paper applies the institutional-based view of strategy to investigate how speculative housebuilders in Sao Paulo have responded to transitionary scenarios in zoning regulations, considering an analytical framework centred on the local-scale contingencies of the development process. By looking at a unique dataset of disaggregated housing output, we draw three main conclusions: first, land markets become more competitive inside TOZ districts, resulting in increased oligopolistic power of those firms able to secure development sites; second, compliance with land use regulations promoted structural changes in building features of new schemes; and third, the supply of compact housing helped to leverage financial performance during a period of economic recovery. The findings corroborate the view that upzoning decisions – seen as part of the institutional structure of the development process – offer both constraints and enablers for residential development activity. Furthermore, by analysing the time variance in the behaviour of the housing supply indicators, the study demonstrates a price strategy and a volume strategy in the way housebuilders employ local strategies to respond to wider structural contingencies." 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