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dc.creatorLIM, DUCK-HO
dc.date.accessioned 2007-05-09T19:45:37Z
dc.date.available 2007-05-09T19:45:37Z
dc.date.issued 1987
dc.identifier.urihttps://hdl.handle.net/1911/16085
dc.description.abstract I analyse a two period model of urban development in which a non-neutral land value tax accelerates city growth by encouraging the development of vacant land in the first period and decreases the size of the city in the second period. In contrast, a wage tax decreases the size of the city in both periods by increasing the cost of labor. At the level of an individual city a non-neutral land value tax results in a smaller dead weight loss relative to a wage tax of equal yield. However, this result is not generally true when we study the relative efficiency of a land value tax and a wage tax in a system of identical cities. For this case a wage tax is relatively more efficient under a set of plausible restrictions. This analysis demonstrates the danger of making national policy prescriptions on the basis of results for an individual city.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.subjectUrban planning
Regional planning
dc.title THE COMPARATIVE EFFECTS OF A NON-NEUTRAL LAND VALUE TAX IN A TWO-PERIOD MODEL OF URBAN DEVELOPMENT
dc.type.genre Thesis
dc.type.material Text
thesis.degree.department Architecture
thesis.degree.discipline Architecture
thesis.degree.grantor Rice University
thesis.degree.level Doctoral
thesis.degree.name Doctor of Philosophy
dc.identifier.citation LIM, DUCK-HO. "THE COMPARATIVE EFFECTS OF A NON-NEUTRAL LAND VALUE TAX IN A TWO-PERIOD MODEL OF URBAN DEVELOPMENT." (1987) Diss., Rice University. https://hdl.handle.net/1911/16085.


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