Determinants of Property Value Growth for Tax Increment Financing Districts

Paul F. Byrne
Additional contact information
Paul F. Byrne: Washburn University

Economic Development Quarterly, 2006, vol. 20, issue 4, 317-329

Abstract: Although the majority of empirical research on tax increment financing (TIF) examines municipal-level effects, there are fewer studies looking at TIF effects at a more localized level. This article examines the characteristics of the areas in which TIF districts are located as well as the factors influencing property value growth within TIF districts. In addition to finding that TIF districts, on average, are located in areas that are more economically disadvantaged than the municipality as a whole, the results of this study suggest a positive relationship between blight and subsequent property value growth. The results also show that the spatial size of a TIF district has a positive influence on property value growth and that industrial TIF districts and TIF districts located in low-density areas and in areas with high proportions of White residents and close to the city center have higher growth.

Keywords: tax increment financing; economic development; property values (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0891242406291540 (text/html)

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:sae:ecdequ:v:20:y:2006:i:4:p:317-329

DOI: 10.1177/0891242406291540

Access Statistics for this article

More articles in Economic Development Quarterly
Bibliographic data for series maintained by SAGE Publications ().