Details
| Originalsprache | Englisch |
|---|---|
| Seiten (von - bis) | 327-328 |
| Seitenumfang | 2 |
| Fachzeitschrift | Economics letters |
| Jahrgang | 123 |
| Ausgabenummer | 3 |
| Frühes Online-Datum | 25 März 2014 |
| Publikationsstatus | Veröffentlicht - Juni 2014 |
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.
ASJC Scopus Sachgebiete
- Volkswirtschaftslehre, Ökonometrie und Finanzen (insg.)
- Finanzwesen
- Volkswirtschaftslehre, Ökonometrie und Finanzen (insg.)
- Volkswirtschaftslehre und Ökonometrie
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in: Economics letters, Jahrgang 123, Nr. 3, 06.2014, S. 327-328.
Publikation: Beitrag in Fachzeitschrift › Artikel › Forschung › Peer-Review
}
TY - JOUR
T1 - Property taxes and dynamic efficiency
T2 - A correction
AU - Homburg, Stefan
PY - 2014/6
Y1 - 2014/6
N2 - 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.
AB - 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.
KW - Dynamic efficiency
KW - Land
KW - Overaccumulation
KW - Property tax
UR - http://www.scopus.com/inward/record.url?scp=84897950124&partnerID=8YFLogxK
U2 - 10.1016/j.econlet.2014.03.013
DO - 10.1016/j.econlet.2014.03.013
M3 - Article
AN - SCOPUS:84897950124
VL - 123
SP - 327
EP - 328
JO - Economics letters
JF - Economics letters
SN - 0165-1765
IS - 3
ER -