Real Property Taxes and Farm Real Estate Values: Incidence and Implications

E. C. Pasour

American Journal of Agricultural Economics, 1973, vol. 55, issue 4_Part_1, 549-556

Abstract: The relationship between reductions in real property taxes and farm real estate values is investigated. Average per acre value of farm real estate in North Carolina is regressed on the tax rate and other variables relating to farm size, land productivity, urban influence, and recreational demand. The results indicate that property tax reductions for farm real estate are largely capitalized into higher real estate values. The effect of a given decrease in tax rate for owners of farm real estate is contrasted with a similar decrease for owners of residential real estate.

Date: 1973
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://hdl.handle.net/10.2307/1238339 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:55:y:1973:i:4_part_1:p:549-556.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().