The many problems in cities increase the need for effective land policies. Land values are at the core of land policy frameworks as they shape the implementation strategies of local governments, their effectiveness, and the consequences for individuals and society. The aim of this paper is to examine how land values within the land policy framework influence land policy objectives, with a particular focus on land readjustment. More specifically, through a three-step research process, we examine: (1) the current problems and potential improvements of Turkish area-based land readjustment through an analytical framework; (2) the potential impact of a specific policy intervention involving the provision of land values in land readjustment on land development objectives through a multiple case study approach; and (3) the broader implications of a new value-based land readjustment as a land policy instrument. The results suggest that land readjustment, by incorporating valuation, could provide better land development by enabling the acquisition and construction of public and infrastructure areas, has the potential to address the trade-offs faced by local governments, put fiscal decentralization into practice, and contribute to the development of legitimacy, effectiveness, efficiency, and equity in public land development strategies and land management.

中文翻译：

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土地价值在土地政策中的作用：以土耳其土地调整为例


城市中的许多问题增加了有效土地政策的必要性。土地价值是土地政策框架的核心，因为它们决定了地方政府的实施战略、其有效性以及对个人和社会的影响。本文的目的是研究土地政策框架内的土地价值如何影响土地政策目标，特别关注土地调整。更具体地说，通过三步研究过程，我们研究：（1）通过分析框架，土耳其基于区域的土地调整的当前问题和潜在改进； (2) 通过多案例研究方法，涉及土地调整中提供土地价值的具体政策干预对土地开发目标的潜在影响； (3) 新的基于价值的土地调整作为土地政策工具的更广泛影响。结果表明，通过纳入估价的土地调整可以通过促进公共和基础设施区域的收购和建设来提供更好的土地开发，有可能解决地方政府面临的权衡，将财政分权付诸实践，并有助于公共土地开发战略和土地管理的合法性、有效性、效率和公平性。