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作者

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.66,P.305-313

语言

英文

关键字

H2;R31;Property taxation;Land taxation;Land development;Housing construction;Count data

作者单位

Government Institute for Economic Research (VATT), P.O. Box 1279 (Arkadiankatu 7), FIN-00101 Helsinki, Finland"}]}]}],"floats":[],"footnotes":[],"affiliations":{"aep-affiliation-id2":{"#name":"affiliation","$":{"id":"aep-affiliation-id2;Government Institute for Economic Research (VATT), P.O. Box 1279 (Arkadiankatu 7), FIN-00101 Helsinki, Finland"}]}},"attachments":[],"correspondences":{},"scopusAuthorIds":{},"articles":{}},"authorMetadata":[],"banner":{"expanded":false},"biographies":{},"body":{},"browser":{"name":"IE","engine":"Trident

摘要

This paper examines the effect of property taxation on housing construction. In 2001, Finnish municipalities were allowed to levy an extra property tax on undeveloped land zoned for housing. Municipalities that adopted the new tax instrument have a three-rate tax property tax system with different tax rates on land before development, land after development and buildings. The remaining municipalities have a two-rate system with a uniform land tax and a building tax. A theoretical model of decisions by landowners suggests that the pre-development land tax ought to lead to faster development, but also the density of development may be affected. In the two-rate system land tax is neutral. The empirical results suggest that landowners respond to the tax incentives. Municipalities that adopted the three-rate property tax system saw an increase in single-family housing starts of roughly 12 percent.