THE EFFECTS OF SITE VALUE TAXATION IN AN URBAN AREA: A GENERAL EQUILIBRIUM COMPUTATIONAL APPROACH

@article{DiMasi1987THEEO,
  title={THE EFFECTS OF SITE VALUE TAXATION IN AN URBAN AREA: A GENERAL EQUILIBRIUM COMPUTATIONAL APPROACH},
  author={Joseph A DiMasi},
  journal={National Tax Journal},
  year={1987},
  volume={40},
  pages={577 - 590}
}
  • J. DiMasi
  • Published 1 December 1987
  • Economics
  • National Tax Journal
A long-run spatial general equilibrium model of an urban area is used to examine the effects of a change from a tax system in which land rents and capital values are not differentiated for tax purposes to one in which land rents are much more heavily taxed than are capital values. The model is parameterized to fit a particular metropolitan area and solved on a computer. It is estimated that, for the most realistic parameterization considered, the welfare gain in making such a policy change can… 

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