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

Yan Song and Yves Zenou
Additional contact information
Yan Song: Department of City and Regional Planning, Postal: University of North Carolina at Chapel Hill, NC-27599-3140, USA

No 648, Working Paper Series from Research Institute of Industrial Economics

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; Full Closed City; Urban Economics; Property Tax; Instrumental Variables (search for similar items in EconPapers)
JEL-codes: H30 H71 R14 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2005-10-24
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 (3)

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https://www.ifn.se/Wfiles/wp/WP648.pdf (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)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:0648

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