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Land Value Capture and Justice
PonenciasMayo 2012Susan S. FainsteinIn this paper, Susan S. Fainstein examines the arguments for using land value capture for distributive purposes. Her assertion is founded on Henry George’s idea that land value increments created by...
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Takings and Givings
The Analytics of Land Value Capture and Its Symmetries with Takings CompensationPonenciasMayo 2012Perry ShapiroIn this paper, Perry Shapiro examines the efficiency of value capture by analyzing the symmetries and asymmetries between givings and takings. Ideally, if a government asks landowners to reimburse it...
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Town Planning Schemes as a Hybrid Land Readjustment Process in Ahmedabad, India
A Better Way to Grow?PonenciasMayo 2012Bishwapriya Sanyal and Chandan DeuskarIn India, local governments have increasingly relied on town planning schemes (TPS) to influence urban growth and to finance affordable housing and basic infrastructure. TPS is a hybrid land...
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Are Property-Related Taxes Effective Value Capture Instruments?
PonenciasMayo 2012Lawrence C. WaltersIn examining the practicality of using property taxes to capture land value in the United States, Lawrence C. Walters found that the annual property tax is an effective value capture instrument. He...
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Community Benefits Agreements in a Value Capture Context
PonenciasMayo 2012Laura Wolf-PowersLaura Wolf-Powers discusses how community benefits agreements (CBAs) enable community organizations and special interest groups in the vicinity of a development project to negotiate with developers...
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Science Parks and Land Value Capture
PonenciasMayo 2012Michael I. Luger and Justyna DabrowskaSome value capture approaches are tailored for specific development projects. For instance, the science park has become a popular form of town-gown partnership used to boost local economic...
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Airport Improvement Fees, Benefit Spillovers, and Land Value Capture Mechanisms
PonenciasMayo 2012Anming ZhangAirports may use land value capture as a funding source for infrastructure improvements. Anming Zhang explores the questions of how positive externalities generated by airports should be internalized...
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Assessing the Nonprofit Property Tax Exemption
Should Nonprofit Entities Be Taxed for Using Local Public Goods?PonenciasMayo 2012Joseph J. CordesThere has been a prolonged debate on whether local governments should grant nonprofit organizations tax exemptions for owning real property. At the core of this debate is an issue related to value...
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Experimenting with Land Value Capture on Western State Trust Land
PonenciasMayo 2012Susan Culp and Dan HuntingThe use of land value capture to finance investments in state trust land is another potential extension of the concept. Traditionally, state trust land has been leased to private companies and...
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Governance Structures and Financial Authority in Submunicipal Districts
Implications for Fiscal PerformancePonenciasMayo 2010Robert J. Eger III and Richard C. FeiockSubmunicipal governments are established or chartered by the state or city and operate like private corporations with oversight boards. They have the authority to adopt corporate names, make bylaws,...
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