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Is Location Fate?
Distributional Aspects of SchoolingPonenciasMayo 2014Eric HanushekEric A. Hanushek analyzes the impact of human capital on economic outcomes, arguing that cognitive skills are a better measure of human capital than years of schooling. He focuses on urban schools...
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Not by the Hand of Horace Mann
How the Quest for Land Value Created the American School SystemPonenciasMayo 2014This paper by William A. Fischel is an economic history of K–12 education and the structure of school districts. As the second part of the title suggests, Fischel argues that land or property values...
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Collecting Land Value Through Public Land Leasing
PonenciasMayo 2012In this paper, John E. Anderson examines the experience of leasing public land in China. Specifically, he addresses the issues related to the adoption of a proposed ad valorem property tax within a...
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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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The Unearned Increment
Property and the Capture of Betterment Value in Britain and FrancePonenciasMayo 2012Philip A. BoothIn this paper, Philip A. Booth shows land value capture is closely linked to institutions that define property in land. Thus, we need to consider how property has been constructed in the law,...
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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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The Affordability Challenge
Inclusionary Housing and Community Land Trusts in a Federal SystemPonenciasMayo 2012Richard P. Voith and Susan M. WachterRichard P. Voith and Susan M. Wachter discuss the relationship between building durable affordable housing and land value capture, using inclusionary housing requirements and community land trusts (...
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Transit Value Capture
New Town Co-Development Models and Land Market Updates in Tokyo and Hong KongPonenciasMayo 2012Jin MurakamiTransit value capture is another common project-based approach for capturing land value increases generated by public investment. Jin Murakami examines this technique, which is used by major railway...
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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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