IDEAS home Printed from https://ideas.repec.org/a/bla/ajecsc/v65y2006i3p733-749.html
   My bibliography  Save this article

A Simple General Test for Tax Bias

Author

Listed:
  • Mason Gaffney

Abstract

. The paper infers the biasing effects of taxes from their differential effects on the present values of rival uses for given tracts of land. After‐tax wage rates, interest rates, and commodity prices are exogenous, hence not affected by taxes, which are therefore all shifted to land rents and values. The effects are differential among rival uses, hence change their ranking in the eyes of the landowner‐manager. Most taxes downgrade the highest use into a lower use, inducing quantum leaps away from higher and better uses into lower and worse uses. The paper uses forestry as an allegory for all land uses. It compares yield taxes, property taxes, income taxes, and site value taxes. It finds that a change from the first three to the site value tax would induce quantum leaps from lower to higher uses of land.

Suggested Citation

  • Mason Gaffney, 2006. "A Simple General Test for Tax Bias," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(3), pages 733-749, July.
    • Handle: RePEc:bla:ajecsc:v:65:y:2006:i:3:p:733-749
    DOI: 10.1111/j.1536-7150.2006.00471.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1536-7150.2006.00471.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1536-7150.2006.00471.x?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. D. Gale Johnson, 1950. "Resource Allocation under Share Contracts," Journal of Political Economy, University of Chicago Press, vol. 58(2), pages 111-111.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mason Gaffney, 2009. "2. A New Framework for Macroeconomics," American Journal of Economics and Sociology, Wiley Blackwell, vol. 68(4), pages 889-982, October.

    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. Banerjee, Abhijit V. & Ghatak, Maitreesh, 2004. "Eviction threats and investment incentives," Journal of Development Economics, Elsevier, vol. 74(2), pages 469-488, August.
    2. repec:ilo:ilowps:244121 is not listed on IDEAS
    3. Edward P. Lazear & Paul Oyer, 2012. "Personnel Economics [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    4. Edward P. Lazear, 1995. "Personnel Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121883, December.
    5. M. A. Taslim, 1992. "A Survey of Theories of Cropshare Tenancy," The Economic Record, The Economic Society of Australia, vol. 68(3), pages 254-275, September.
    6. Huffman, Wallace E & Just, Richard E, 2004. "Implications of Agency Theory for Optimal Land Tenure Contracts," Economic Development and Cultural Change, University of Chicago Press, vol. 52(3), pages 617-642, April.
    7. Dubois, Pierre, 2002. "Moral hazard, land fertility and sharecropping in a rural area of the Philippines," Journal of Development Economics, Elsevier, vol. 68(1), pages 35-64, June.
    8. Lazear, Edward P, 1999. "Personnel Economics: Past Lessons and Future Directions: Presidential Address to the Society of Labor Economists, San Francisco, May 1, 1998," Journal of Labor Economics, University of Chicago Press, vol. 17(2), pages 199-236, April.
    9. Mueller, Rolf A.E. & Prescott, Edward S. & Sumner, Daniel A., 2002. "Hired hooves: Transactions in a south Indian village factor market," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(2), pages 1-23.
    10. Pender, John L. & Fafchamps, Marcel, 2001. "Land lease markets and agricultural efficiency: theory and evidence from Ethiopia," EPTD discussion papers 81, International Food Policy Research Institute (IFPRI).
    11. Cambria Finegold & Mohamed Shehata & Olfat Anwar Habib, 2011. "Productivity, Capital Mobilization and Moral Hazard in Fisheries Share Contracts: Lake Nasser, Egypt," Journal of Social and Development Sciences, AMH International, vol. 1(5), pages 183-193.
    12. Edward P. Lazear & Kathryn L. Shaw, 2007. "Personnel Economics: The Economist's View of Human Resources," Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 91-114, Fall.
    13. Jacoby, Hanan G. & Mansuri, Ghazala, 2009. "Incentives, supervision, and sharecropper productivity," Journal of Development Economics, Elsevier, vol. 88(2), pages 232-241, March.
    14. Benin, Samuel & Place, Frank & Nkonya, Ephraim M. & Pender, John L., 2006. "Land Markets and Agricultural Land Use Efficiency and Sustainability: Evidence from East Africa," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25645, International Association of Agricultural Economists.
    15. Ming‐Hsuan Lee, 2011. "Land ownership and productivity in early twentieth‐century China: the role of incentives," International Journal of Development Issues, Emerald Group Publishing Limited, vol. 10(2), pages 141-153, July.
    16. Leonhardt, Heidi & Penker, Marianne & Salhofer, Klaus, 2019. "Do farmers care about rented land? A multi-method study on land tenure and soil conservation," Land Use Policy, Elsevier, vol. 82(C), pages 228-239.
    17. Bardhan, Pranab & Bowles, Samuel & Gintis, Herbert, 2000. "Wealth inequality, wealth constraints and economic performance," Handbook of Income Distribution, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 10, pages 541-603, Elsevier.
    18. Lema, Daniel, 2006. "Contracts, Transaction Costs and Agricultural Production in the Pampas," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25420, International Association of Agricultural Economists.
    19. Bhaduri A., 1986. "Employment and livelihood: the nature of the labour process in the formulation of rural development policy," ILO Working Papers 992441213402676, International Labour Organization.
    20. William E. Foster & Gordon C. Rausser, 1991. "Farmer Behavior under Risk of Failure," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 276-288.
    21. F. S. Bagi, 1981. "Economics of Share-Cropping in Haryana (India) Agriculture," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 20(1), pages 95-119.

    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:bla:ajecsc:v:65:y:2006:i:3:p:733-749. 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: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246 .

    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.