Showing 1 - 10 of 5,101
heterogeneity and real estate market distortions, zoning could be less efficient than, as efficient as, or more efficient than …We examine the working mechanisms and efficiencies of zoning (regulation of floor area ratios and land-use types) and … pricing instruments. However, when the zoning enacted deviates from the optimum, zoning not only becomes inferior to …
Persistent link: https://www.econbiz.de/10011541286
regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is … suggested by a model that disregards zoning. In general, this implies that decision making on urban road pricing can ignore …
Persistent link: https://www.econbiz.de/10010464784
regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is … suggested by a model that disregards zoning. In general, this implies that decision making on urban road pricing can ignore …
Persistent link: https://www.econbiz.de/10013030301
Growing vehicle use and congestion externalities have led many to consider alternative congestion pricing mechanisms, as road pricing often has high infrastructural costs and faces public opposition. This paper explores the role of parking taxation in reducing congestion by considering a natural...
Persistent link: https://www.econbiz.de/10011485212
, Journal of Urban Economics, 43 (1998) 258-272] describes that, to optimize the congestion externality, lot size zoning … first-best policy. We show that, in contrast to lot size zoning, optimal Floor Area Ratio (FAR) regulation is at most a …
Persistent link: https://www.econbiz.de/10014208156
This paper aims to quantify the municipal tax revenue effects of built-up area increases. The assumed existence of these effects is one of the key reasons for ongoing land consumption on the side of the municipalities. Some previous case studies however suggested that these effects might be not...
Persistent link: https://www.econbiz.de/10011763974
This article argues that New York municipalities should integrate land banks into the tax enforcement process to break the unhealthy cycle perpetuated by real estate and lien speculators. By transferring all tax liens and foreclosed properties to local land banks, municipalities can generate an...
Persistent link: https://www.econbiz.de/10013027030
This paper explores the effects of fiscal competition on local land use. A theoretical analysis considers the tradeoff faced by a local government deciding about the amount of land made available for commercial or residential uses, when its expansion has adverse effects on the quality of life....
Persistent link: https://www.econbiz.de/10013237220
We construct Laffer curves to evaluate the efficiency of local property tax collection based on a micro-level panel dataset referring to 2013–2016 and obtained from the Jerusalem municipality. Unlike previous literature, we apply a tractable ad hoc methodology, which, compared with the...
Persistent link: https://www.econbiz.de/10012028544
This paper explores the effects of fiscal competition on local land use. A theoretical analysis considers the tradeoff faced by a local government deciding about the amount of land made available for commercial or residential uses, when its expansion has adverse effects on the quality of life....
Persistent link: https://www.econbiz.de/10012491448