Working Paper No. 648

Property Tax and Urban Sprawl: Theory and Implications for U.S. Cities

Published: October 24, 2005Pages: 30Keywords: Urban Sprawl, Full Closed City; Urban Economics; Property Tax; Instrumental Variables JEL-codes: H30; H71; R14

Property Tax and Urban Sprawl: Theory and Implications for U.S. Cities Yan Song and Yves Zenou


This article attempts a formal analysis of the connection between property tax and urban sprawl in U.S. cities. We develop a theoretical model that includes households (who are also landlords) and land developers in a regional land market. We then test the model empirically based on a national sample of urbanized areas. The results we obtained from both theoretical and empirical analyses indicate that increasing property tax rates reduces the size of urbanized areas.

 

Interdisciplinary European Studies

The European Union in a Changing World Order

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This book explores how the European Union responds to the ongoing challenges to the liberal international order. These challenges arise both within the EU itself and beyond its borders, and put into question the values of free trade and liberal democracy. 

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