Property taxes and dynamic efficiency: A correction

Original version

Homburg, Stefan: Property taxes and dynamic efficiency: A correction. In: Economics Letters 123 (2014), Nr. 3, S. 327-328. DOI: https://doi.org/10.1016/j.econlet.2014.03.013

Repository version

To cite the version in the repository, please use this identifier: https://doi.org/10.15488/1072

Files in this item

Thumbnail
Name: 1-s2.0-S016517651 ...
Size: 311.3Kb
Format: PDF
View/Open
Abstract:
According to Kim and Lee (1997), property taxes as opposed to capital gain taxes and taxes on rent endanger dynamic efficiency. The present paper shows that the choice of the tax base is immaterial. What counts is whether the taxes eliminate the after-tax rent. Empirical evidence suggests that this is not the case. © 2014 The Author.
License of this version: CC BY-NC-ND 3.0 Unported - https://creativecommons.org/licenses/by-nc-nd/3.0/
Publication type: Article
Publishing status: publishedVersion
Publication date: 2014
Keywords english: Dynamic efficiency, Land, Overaccumulation, Property tax
DDC: 330 | Wirtschaft

Usage Statistics

Show full item record

This item appears in the following Collection(s):

 

Search the repository


Browse

My Account

Usage Statistics