The nonneutrality of the land value tax: impacts on urban structure
Article Abstract:
David Mills' two-sector, two-period model of urban growth is used to find support for the argument that land value tax is nonneutral. It has been widely accepted that taxes on land are neutral or nondistortionary because they do not affect resource allocation. The Mills model is employed to find evidence confirming the position that, while taxes on land rents and on 'standard' land value are neutral, tax on current land value is nonneutral as it stimulates rapid land development. It alters the optimal timing of land development, as well as the boundary conditions between the industrial and the residential land zones. The effects of the nonneutrality of land value taxation on urban structure are analyzed.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Modeling the density variations of urban land uses with transportation network congestion
Article Abstract:
An aggregate land use - transportation model is produced, that simultaneous determines the connection with network congestion costs and the intensity level of land uses. Urban land use is entirely different from that of other defined area uses, and this model specifically describes the density variations of urban land uses. The method employs a non linear programming technique inside the broader format of a multi commodity flow-input-output model. This particular operational model represents improvement over earlier attempts to study such problems within a mathematical framework.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 1986
User Contributions:
Comment about this article or add new information about this topic:
Changes in Urban Land Values: 1836-1970
Article Abstract:
The returns for holding land are developed in a model for specific time periods. A mean rate of return and predictor are obtained. Long-term land-holding returns are found to be no better than for high grade bonds. Returns for the short term vary considerably.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The determinants of nonresidential urban land values. The impact of location on urban industrial land prices. The effect of environmental attributes on earnings and housing values across SMSA's (standard metropolitan statistical areas)
- Abstracts: One hundred fifty years of land values in Chicago: a nonparametric approach. Can blacks earn more in the suburbs? Racial differences in intra-metropolitan earnings variation
- Abstracts: Restraining the Leviathan: property tax limitation in Massachusetts. On income tax avoidance: the case of Germany
- Abstracts: If we knew ability, how would we tax individuals? Federalism, equalization and risk aversion
- Abstracts: Silicon Valley slips away from the GOP. Down and out in Silicon Valley. Silicon statistics: fast facts on Valley Life