Development Benefits

Japanese: 開発利益 - かいはつりえき
Development Benefits

…Because the benefits of these public investments are limited to a certain area, the rent and land prices in that area rise when public investments are made. This increase in land prices is called development profits, but these profits go to the landowners, not the developers, because it is impossible to move the land. …

*Some of the terminology that refers to "development benefits" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…これらの公共投資の利益はある一定の地域に限られるために,公共投資が行われるとその地域の地代(家賃)と地価が上昇する。このような地価上昇は開発利益と呼ばれるが,この利益は開発者にではなく地主に帰着する。それは土地を移動させることが不可能だからである。…

※「開発利益」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

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