Property Tax Policy and Land-Use Change
نویسندگان
چکیده
In this study, we analyze the effect of property taxes on changes between agricultural, forestry, Conservation Reserve Program, and developed land uses in Louisiana. We estimate a random parameters logit model of land-use conversion from the National Resources Inventory plot data. Our results indicate that land-use changes are inelastic with respect to property taxes. Simulation shows that current use valuation policy, while slowing down development of rural lands, also affects changes between rural land uses. (JEL Q15, H23)
منابع مشابه
Property Taxes: Do They Affect Forestry and Agricultural Land Uses?
NRI point data. The model tilizes modern land use theory based on the land rent theory. In addition to the returns, we ey words: land use change, property tax, discrete choice, nested logit, Louisiana. Maksym Polyakov and Daowei Zhang, Auburn Univers Acknowledgement: This study was supported by the National Research Initiative of the Cooperative State Research, Education and Extension Service, ...
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