On the Role of Government Land Information in Macroeconomic Policies

Nilofer Tambuwala, Rohan Bennett, Abbas Rajabifard, Jude Wallace and Ian Williamson

Environment and Planning C, 2011, vol. 29, issue 6, 1087-1101

Abstract: In many countries macroeconomic policy making and land administration operate independently. A review of the literature from both disciplines supports this view. The failure to include authoritative land information generated by a country's land administration system in macroeconomic policy making can result in suboptimal governmental fiscal and monetary decisions. This is demonstrated through two case studies of the Australian context, with a focus on managing land taxes and administering interest on debt financing. A simplified empirical model is derived from the study results. The model aims to articulate and promote the important role of government land information in policy and decision making. Practical implementation will require determination of the legal, institutional, and technical requirements of the model.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:29:y:2011:i:6:p:1087-1101

DOI: 10.1068/c1111r

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