Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10010916431
This paper applies recent developments in forecasting spatial process models to estimate the impact of input shocks on China's 1999 gross value added output (GVAO) in agriculture. A Cobb-Douglas production function allowing total factor productivity to vary across regions is used to forecast the...
Persistent link: https://www.econbiz.de/10010547650
Municipalities sometimes reform property tax schedules in an effort to increase suboptimal residential densities. One such approach is to reduce the tax rate applied to building values and increase the tax rate applied to land, known as a two-rate property tax (TPT). This paper evaluates the...
Persistent link: https://www.econbiz.de/10010638243
A two-rate property tax (TPT) imparts different tax rates on land and structures. A hypothetical TPT is evaluated as an instrument to promote open space preservation. The potential TPT effects on open space equilibrium levels were compared with simulated equilibrium levels reflecting the TPT...
Persistent link: https://www.econbiz.de/10008475922
This study deals with the issue of extreme coefficients in geographically weighted regression (GWR) and their effects on mapping coefficients using three datasets with different spatial resolutions. We found that although GWR yields extreme coefficients regardless of the resolution of the...
Persistent link: https://www.econbiz.de/10005060396
This research evaluates the effects of a hypothetical land value tax as a smart growth policy to curtail urban sprawl in the mid-sized metropolitan areas of the Southeastern United States. The effectiveness of a hypothetical land value tax on moderating urban sprawl is determined by changes in...
Persistent link: https://www.econbiz.de/10005039310
This research uses a sequence of hedonic housing price regressions to estimate open space amenity values. The iterative approach empirically identifies the range of distance over which open space affects housing values. After controlling for numerous other factors in the spatial hedonic model,...
Persistent link: https://www.econbiz.de/10008922542
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