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The heavy reliance of Chinese local governments on land-leasing revenues in recent decades has attracted widespread … criticism due to its potential risks and problems. This research, using a panel dataset of 280 prefecture-level cities in China …
Persistent link: https://www.econbiz.de/10013018228
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
Current knowledge of the fiscal impacts of alternative land uses comes largely from cost of community services (CCS) case studies, the results of which are viewed skeptically in the literature because of numerous methodological concerns. In order to begin to fill the gap in our understanding of...
Persistent link: https://www.econbiz.de/10012928698
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
Spatial and transport planners, authorities, real estate developers, investors, re-locating residents and businesses have different questions related to space and transport. These questions may concern specific land parcels, or cover a much larger area such as a city, a region, or even a whole...
Persistent link: https://www.econbiz.de/10011490599
We present a modified open monocentric city model that assumes that land is available for conversion into new housing throughout the city. The model predicts that positive local income shocks (i) increase the cityś share of multi-family housing in new construction and (ii) lead to the...
Persistent link: https://www.econbiz.de/10010399679