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Property Tax and Urban Sprawl

Theory and Implications for U.S. Cities

Yan Song and Yves Zenou

Enero 2005, inglés


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

desarrollo comunitario, desarrollo económico, gestión de crecimiento, tributación inmobilaria, tributación, urbano, desarrollo urbano, expansión urbana descontrolada, impuesto a base de valores