Property Tax and Urban Sprawl. Theory and Implications for U.S. Cities

Yves Zenou and Yan Song

No 5345, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This article attempts a formal analysis of the connection between property tax and urban sprawl in U.S. cities. We develop a theoretical model that includes households (who are also landlords) and land developers in a regional land market. We then test the model empirically based on a national sample of urbanized areas. The results we obtained from both theoretical and empirical analyses indicate that increasing property tax rates reduces the size of urbanized areas.

Keywords: Urban sprawl; Urban economics; Property tax; Instrumental variables; Fully-closed city (search for similar items in EconPapers)
JEL-codes: H3 H71 R14 (search for similar items in EconPapers)
Date: 2005-11
New Economics Papers: this item is included in nep-geo, nep-pbe and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://cepr.org/publications/DP5345 (application/pdf)

Related works:
Journal Article: Property tax and urban sprawl: Theory and implications for US cities (2006)
Working Paper: Property Tax and Urban Sprawl: Theory and Implications for U.S. Cities (2005)
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:cpr:ceprdp:5345

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP5345

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().