Effects of the property tax in urban areas

Article Abstract:

This is the first part of a two-part study on the effects of property tax in urban areas. A general equilibrium model of a metropolitan area is developed and used to investigate the effects of property tax on the equity, efficiency, and spatial structure of urban areas. Effects of a lump-sum tax system are compared to the effects of a property tax system. The results suggest that the metropolitan area is substantially larger under the property tax system than under the head tax system. Property taxes are inequitable because lower income households profit at the expense of higher income households, and property tax is less efficient than lump sum tax because the overall welfare is substantially lower under property tax systems of urban finance.

Analysis, Property taxes, Property tax

---

Nonubiquitous transportation and urban population density gradients

Article Abstract:

Urban center population studies have shown that population density is a function of the distance from the city center and, consequently, transportation costs are shown to be ubiquitous, in that they also depend almost solely on distance from the city center. These models of population density and transportation costs are researched, and a non-ubiquitous transportation system is introduced to the model. It is demonstrated that the ubiquitous model is inadequate for representing the outcomes of residential location decisions made by city residents, especially when the city being modeled has developed location-specific transportation systems.

Finance, Demographic aspects, Transportation, Cities and towns, Local transit, Municipal research

---

Effects of governmental structure in urban areas

Article Abstract:

This is second of a two-part paper on the effect of urban finance systems on the efficiency, equity, and spatial structure of urban areas. Systems of urban finance that use a limited number of jurisdictions are compared to Tiebout-type systems, which have a large number of jurisdictions; and to metropolitan forms of government, which provide the same level of service to all residents of a metropolitan area. The results indicate that the benefits derived from changing the current urban finance system to a metropolitan system would not justify the costs of such a change.

Taxation

Similar abstracts:

• Abstracts: Biometrics, software propel time & attendance. Barriers: not just for government anymore. Fired up for safety
• Abstracts: Optimal property taxation in the presence of interregional capital mobility. A theory of interregional tax competition
• Abstracts: On the pricing strategy of a land developer. Reputation in land development markets
• Abstracts: Around the block: urban models with a street grid. City and suburb: urban models with more than one employment center
• Abstracts: Valuing the benefits of health and safety regulation. Profit maximizing communities and the theory of local public expenditure: reply

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.