Economics at your fingertips  

Property Value Assessment Growth Limits, Tax Base Erosion and Regional In-Migration

Mark Skidmore and Mehmet Tosun ()

No 4906, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: In 1994 a limit on the growth of property values for tax purposes was imposed in Michigan. One consequence of the newly imposed assessment growth cap was an emerging differential in tax prices between potential new property owners and long-time property owners. The purpose of this paper is to examine the impact of this growing tax price differential on migration patterns. Using county level data on migration activity over the 1994-2006 period, we present evidence that differential tax prices resulting from the assessment growth cap have reduced in-migration.

Keywords: regional migration; property tax; tax base erosion; Michigan (search for similar items in EconPapers)
JEL-codes: H71 H73 J61 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-acc, nep-geo, nep-mig, nep-pbe, nep-pub and nep-ure
Date: 2010-04
References: Add references at CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed

Published in: Public Finance Review, 2011, 39 (2), 256-287

Downloads: (external link) (application/pdf)

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:

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute for the Study of Labor (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Series data maintained by Mark Fallak ().

Page updated 2017-10-16
Handle: RePEc:iza:izadps:dp4906