Abstract/Details

Land value taxation and new housing development in Pittsburgh


1988 1988

Other formats: Order a copy

Abstract (summary)

This is a study of the effects of land value taxation on new housing development in Pittsburgh. Land value taxation generally refers to the taxation of land at rates higher than those levied against buildings and other improvements. Liquidity and incentive effects of shifting the tax base from improvements to land will, according to theory, encourage development. In recent years, real estate tax rate changes in Pittsburgh have consisted of a steady and substantial increase in the land tax rate and fluctuations in the rate applied to improvements. These changes provide a basis for testing the proposition that land value taxation encourages development.

This dissertation is divided into five main chapters, the first of which is an introduction. The second chapter is a review of previous empirical studies of land value taxes, while the third chapter is a discussion of the economic theory of land value taxation. The fourth chapter presents an econometric model for testing the proposition that land value taxation encourages new housing development. The model's dependent variable is a measure of new housing development based on building permit values. The independent variables include the taxes on land and improvements and other factors affecting new housing development.

The results of estimating the model are presented in the fifth chapter. It was found that the improvement tax rate has had a significant inverse effect on the amount of new housing development. This effect has involved the number of new housing units but not the average cost of new units. The land tax rate was found to be an insignificant determinant of the level of new housing development.

Indexing (details)


Subject
Urban planning;
Area planning & development
Classification
0999: Urban planning
0999: Area planning & development
Identifier / keyword
Social sciences; Pennsylvania
Title
Land value taxation and new housing development in Pittsburgh
Author
Bourassa, Steven Corey
Number of pages
122
Publication year
1988
Degree date
1988
School code
0175
Source
DAI-A 49/06, Dissertation Abstracts International
Place of publication
Ann Arbor
Country of publication
United States
Advisor
Grigsby, William G.
University/institution
University of Pennsylvania
University location
United States -- Pennsylvania
Degree
Ph.D.
Source type
Dissertations & Theses
Language
English
Document type
Dissertation/Thesis
Dissertation/thesis number
8816155
ProQuest document ID
303697781
Copyright
Database copyright ProQuest LLC; ProQuest does not claim copyright in the individual underlying works.
Document URL
http://search.proquest.com/docview/303697781
Access the complete full text

You can get the full text of this document if it is part of your institution's ProQuest subscription.

Try one of the following:

  • Connect to ProQuest through your library network and search for the document from there.
  • Request the document from your library.
  • Go to the ProQuest login page and enter a ProQuest or My Research username / password.