2006–2010

Property Tax and Urban Sprawl: Theory and Implications for US Cities

Särtryck nr 2006:23

Författare: Yan Song och Yves ZenouÅr: 2006 Publikation: Journal of Urban Economics Årgång (nr): 60 (3) Sidor: 519–534


We develop a model that adopts a log-linear utility function with a variable elasticity of substitution greater than one and show that increasing the property tax reduces city size unambiguously. We then test this result using a dataset of effective property tax rates we developed using GIS methods for 448 urbanized areas. The empirical analysis estimates a regression equation relating an urbanized area’s size to the property tax rate measure and other control variables such as population, income, agricultural rent, and transportation expenditure. We find that higher property taxes indeed result in smaller cities.


Referens:
Song, Yan och Yves Zenou (2006), "Property Tax and Urban Sprawl: Theory and Implications for US Cities". Journal of Urban Economics 60(3), 519–534.

Aktuell forskare

Lars Calmfors

Forskningsområden: Arbetsmarknads- och makroekonomi.

Några av de frågor Lars Calmfors försöker besvara i sin forskning:

  • Orsaker till arbetslöshet?
  • Hur fungerar EMU?
  • Hur kan olika institutionella arrangemang bidra till en lämplig finanspolitik? 

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