Large Retailers, Economic Development, and the Local Property Tax Base: Evidence from Wal-mart in New York State
This study assesses the impact large, national retailers have on local governments. Specifically, the research investigates the impact of Wal-Mart on property values and property tax rates in a set of municipalities in New York State from 1990 to 1997. Results from regression analyses imply no change in total municipality property value. Property tax rates, however, are found to be higher: the combined city-village-town and special district tax rate increased a statistically significant 2.4 percent annually each year a Wal-Mart was present in a municipality. Disaggregation shows that special-district tax rates rose 2.6 percent annually and the city-village-town property tax rate rose similarly.
Volume (Year): 33 (2002)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://nysea.bizland.com/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Morgan, William & Mutti, John & Rickman, Dan, 1996. "Tax Exporting, Regional Economic Growth, and Welfare," Journal of Urban Economics, Elsevier, vol. 39(2), pages 131-159, March.
- Papke, Leslie E., 1994.
"Tax policy and urban development : Evidence from the Indiana enterprise zone program,"
Journal of Public Economics,
Elsevier, vol. 54(1), pages 37-49, May.
- Leslie E. Papke, 1991. "Tax Policy and Urban Development: Evidence From The Indiana Enterprise Zone Program," NBER Working Papers 3945, National Bureau of Economic Research, Inc.
- Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-75, June.
When requesting a correction, please mention this item's handle: RePEc:nye:nyervw:v:33:y:2002:i:1:p:27-41. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eryk Wdowiak)
If references are entirely missing, you can add them using this form.