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Value Capture - Options, Challenges and Opportunities for Victoria

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  • Infrastructure Victoria

Abstract

This paper provides a definition of value capture and associated mechanisms relevant to Victoria. The benefits and limitations of value capture are explained. We identify if, why and when Victoria should seek more opportunities for value capture. Key challenges are identified as are pathways for implementation and overcoming these challenges. Key value capture mechanisms are modelled in several case studies.

Suggested Citation

  • Infrastructure Victoria, 2016. "Value Capture - Options, Challenges and Opportunities for Victoria," Policy papers 201601, Infrastructure Victoria.
    • Handle: RePEc:inv:ppaper:201601
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    File URL: http://repec.infrastructurevictoria.com.au/RePEc/inv/ppaper/IVP201601.pdf
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    References listed on IDEAS

    as
    1. Liangyue Cao & Amanda Hosking & Michael Kouparitsas & Damian Mullaly & Xavier Rimmer & Qun Shi & Wallace Stark & Sebastian Wende, 2015. "Understanding the economy-wide efficiency and incidence of major Australian taxes," Treasury Working Papers 2015-01, The Treasury, Australian Government, revised Apr 2015.
    2. Cohn, Elchanan, 2000. "Education at a Glance--OECD Indicators 1998 Edition;: Organisation for Economic Co-Operation and Development, Paris, 1998, 432 pages, soft cover, $49.00 (FF 295; DM 88)," Economics of Education Review, Elsevier, vol. 19(4), pages 460-461, October.
    3. Ghebreegziabiher Debrezion & Eric Pels & Piet Rietveld, 2007. "The Impact of Railway Stations on Residential and Commercial Property Value: A Meta-analysis," The Journal of Real Estate Finance and Economics, Springer, vol. 35(2), pages 161-180, August.
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    Cited by:

    1. Peter Abelson, 2018. "An Analysis of Value Capture Instruments," Economic Papers, The Economic Society of Australia, vol. 37(4), pages 399-411, December.

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    More about this item

    Keywords

    Value Capture; Victoria; Australia;
    All these keywords.

    JEL classification:

    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

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