IDEAS home Printed from https://ideas.repec.org/a/uwp/landec/v84y2008i3p396-408.html
   My bibliography  Save this article

Property Tax Policy and Land-Use Change

Author

Listed:
  • Maksym Polyakov
  • Daowei Zhang

Abstract

In this study, we analyze the effect of property taxes on changes between agricultural, forestry, Conservation Reserve Program, and developed land uses in Louisiana. We estimate a random parameters logit model of land-use conversion from the National Resources Inventory plot data. Our results indicate that land-use changes are inelastic with respect to property taxes. Simulation shows that current use valuation policy, while slowing down development of rural lands, also affects changes between rural land uses.

Suggested Citation

  • Maksym Polyakov & Daowei Zhang, 2008. "Property Tax Policy and Land-Use Change," Land Economics, University of Wisconsin Press, vol. 84(3), pages 396-408.
  • Handle: RePEc:uwp:landec:v:84:y:2008:i:3:p:396-408
    as

    Download full text from publisher

    File URL: http://le.uwpress.org/cgi/reprint/84/3/396
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Parks P. J. & Kramer R. A., 1995. "A Policy Simulation of the Wetlands Reserve Program," Journal of Environmental Economics and Management, Elsevier, vol. 28(2), pages 223-240, March.
    2. Ian W. Hardie & Peter J. Parks, 1997. "Land Use with Heterogeneous Land Quality: An Application of an Area Base Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 299-310.
    3. Gerald Nelson & Alessandro De Pinto & Virginia Harris & Steven Stone, 2004. "Land Use and Road Improvements: A Spatial Perspective," International Regional Science Review, , vol. 27(3), pages 297-325, July.
    4. Parks, Peter J. & Quimio, Wilma Rose H., 1996. "Preserving Agricultural Land with Farmland Assessment: New Jersey as a Case Study," Agricultural and Resource Economics Review, Cambridge University Press, vol. 25(01), pages 22-27, April.
    5. Nagubadi, Rao V. & Zhang, Daowei, 2005. "Determinants of Timberland Use by Ownership and Forest Type in Alabama and Georgia," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(01), April.
    6. Parks, Peter J. & Quimio, Wilma Rose H., 1996. "Preserving Agricultural Land With Farmland Assessment: New Jersey As A Case Study," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 25(1), April.
    7. Stavins, Robert N & Jaffe, Adam B, 1990. "Unintended Impacts of Public Investments on Private Decisions: The Depletion of Forested Wetlands," American Economic Review, American Economic Association, vol. 80(3), pages 337-352, June.
    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. Olubode-Awosola, Femi, 2009. "Agricultural land tax and farm-level resource use and output supply response," 2009 Conference, August 16-22, 2009, Beijing, China 51664, International Association of Agricultural Economists.
    2. Li, Man & Wu, JunJie & Deng, Xiangzheng, 2009. "Empirical Analysis of Land-use Change and Soil Carbon Sequestration Cost in China," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49568, Agricultural and Applied Economics Association.
    3. Polyakov, Maksym & Pannell, David J. & Pandit, Ram & Tapsuwan, Sorada & Park, Geoff, 2013. "Valuing Environmental Assets on Rural Lifestyle Properties," Agricultural and Resource Economics Review, Cambridge University Press, vol. 42(01), pages 159-175, April.
    4. Levente Tímár, 2011. "Rural Land Use and Land Tenure in New Zealand," Working Papers 11_13, Motu Economic and Public Policy Research.

    More about this item

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

    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:uwp:landec:v:84:y:2008:i:3:p:396-408. 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: (). General contact details of provider: http://le.uwpress.org/ .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.