IDEAS home Printed from https://ideas.repec.org/a/sae/pubfin/v11y1983i4p491-506.html
   My bibliography  Save this article

Administrative Inequity in the Property Tax: Further Evidence

Author

Listed:
  • Larry V. Ellis

    (Appalachian State University)

  • J. Paul Combs

    (Appalachian State University)

  • William Weber

    (Southern Illinois University)

Abstract

In addition to neighborhood characteristics, the structural and physical attributes of residential properties introduce significant biases into the assessment of property values and represent an important source of administrative inequity in the property tax. A model is presented which captures the influence of dwelling characteristics on both the constant and slope parameters in the traditionally employed linear relationship between assessed and market values. The model is tested using a sample of properties taken from three western counties in North Carolina. The results support the hypothesis that different types of properties with equivalent market values may receive significantly different assessments.

Suggested Citation

  • Larry V. Ellis & J. Paul Combs & William Weber, 1983. "Administrative Inequity in the Property Tax: Further Evidence," Public Finance Review, , vol. 11(4), pages 491-506, October.
    • Handle: RePEc:sae:pubfin:v:11:y:1983:i:4:p:491-506
    DOI: 10.1177/109114218301100405
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/109114218301100405
    Download Restriction: no
    File URL: https://libkey.io/10.1177/109114218301100405?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Brian J. L. Berry & Robert S. Bednarz, 1975. "A Hedonic Model of Prices and Assessments for Single-Family Homes: Does the Assessor Follow the Market or the Market Follow the Assessor?," Land Economics, University of Wisconsin Press, vol. 51(1), pages 21-40.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hammes, Brian D., 1984. "Hedonic prices for farmland characteristics: an analysis of farm transactions prices for Iowa," ISU General Staff Papers 1984010108000017525, Iowa State University, Department of Economics.
    2. Cotteleer, Geerte & Stobbe, Tracy & van Kooten, G. Cornelis, 2008. "Expert Opinion versus Transaction Evidence: Using the Reilly Index to Measure Open Space Premiums in the Urban-Rural Fringe," Working Papers 37085, University of Victoria, Resource Economics and Policy.
    3. Xiandeng Jiang & Zheng Pan & Ningru Zhao, 2023. "Relative Value vs Absolute Value: Housing Wealth and Labor Supply," The Journal of Real Estate Finance and Economics, Springer, vol. 66(1), pages 41-76, January.
    4. Brannman, Lance & Buongiorno, Joseph & Fight, Roger, 1981. "Quality Adjusted Price Indices For Douglas-Fir Timber," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(2), pages 1-14, December.
    5. Shi, Song & Young, Martin & Hargreaves, Bob, 2009. "Issues in measuring a monthly house price index in New Zealand," Journal of Housing Economics, Elsevier, vol. 18(4), pages 336-350, December.
    6. Seth B. Payton, 2012. "The Impact of Property Assessment Standards on Property Tax Burden," Public Finance Review, , vol. 40(5), pages 584-613, September.
    7. James R. Follain JR & Stephen Malpezzi, 1981. "Another Look at Racial Differences in Housing Prices," Urban Studies, Urban Studies Journal Limited, vol. 18(2), pages 195-203, June.
    8. Shanaka Herath & Gunther Maier, 2010. "The Hedonic Price Method in Real Estate and Housing Market Research: A Review of the Literature," SRE-Disc sre-disc-2010_03, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    9. William C. Goolsby, 1997. "Assessment Error in the Valuation of Owner-Occupied Housing," Journal of Real Estate Research, American Real Estate Society, vol. 13(1), pages 33-46.
    10. Stephen Malpezzi, "undated". "Hedonic Pricing Models: A Selective and Applied Review," Wisconsin-Madison CULER working papers 02-05, University of Wisconsin Center for Urban Land Economic Research.
    11. Robert Inman, 1978. "Testing political economy’s ‘as if’ proposition: is the median income voter really decisive?," Public Choice, Springer, vol. 33(4), pages 45-65, December.
    12. Cotteleer, Geerte & van Kooten, G. Cornelis, 2012. "Expert opinion versus actual transaction evidence in the valuation of non-market amenities," Economic Modelling, Elsevier, vol. 29(1), pages 32-40.
    13. Gary C. Cornia & Barrett A. Slade, 2005. "Property Taxation of Multifamily Housing: An Empirical Analysis of Vertical and Horizontal Equity and Assessment Methods," Journal of Real Estate Research, American Real Estate Society, vol. 27(1), pages 17-46.
    14. R I Palm, 1977. "Homeownership Cost Trends," Environment and Planning A, , vol. 9(7), pages 795-804, July.
    15. Richard Harris & Michael Lehman, 2001. "Social and Geographic Inequities in the Residential Property Tax: A Review and Case Study," Environment and Planning A, , vol. 33(5), pages 881-900, May.
    16. Olivier Parent & Rainer Hofe, 2013. "Understanding the impact of trails on residential property values in the presence of spatial dependence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(2), pages 355-375, October.
    17. Gill Lim, 1982. "Discrimination, time-lag, and assessment inequity in black neighborhoods," The Review of Black Political Economy, Springer;National Economic Association, vol. 12(1), pages 15-28, September.
    18. Christian Janssen & Bo Söderberg, 1999. "Estimating Market Prices and Assessed Values for Income Properties," Urban Studies, Urban Studies Journal Limited, vol. 36(2), pages 359-376, February.
    19. Christian T. L. Janssen, 2003. "Estimating the Effect of Land Leases on Prices of Inner-city Apartment Buildings," Urban Studies, Urban Studies Journal Limited, vol. 40(10), pages 2049-2066, September.
    20. Blane David Lewis, 2007. "Revisiting the Price of Residential Land in Jakarta," Urban Studies, Urban Studies Journal Limited, vol. 44(11), pages 2179-2194, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:11:y:1983:i:4:p:491-506. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.