Artikel
Taxation of land and economic growth
In this paper, we theoretically analyze the effects of three types of land taxes on economic growth using an overlapping generation model in which land can be used for production or consumption (housing) purposes. Based on the analyses in which land is used as a factor of production, we can confirm that the taxation of land will lead to an increase in the growth rate of the economy. Particularly, we show that the introduction of a tax on land rents, a tax on the value of land or a stamp duty will cause the net price of land to decline. Further, we show that the nationalization of land and the redistribution of the land rents to the young generation will maximize the growth rate of the economy.
- Sprache
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Englisch
- Erschienen in
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Journal: Economies ; ISSN: 2227-7099 ; Volume: 9 ; Year: 2021 ; Issue: 2 ; Pages: 1-20 ; Basel: MDPI
- Klassifikation
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Wirtschaft
- Thema
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endogenous growth
land property
land rents
overlapping generation model
taxation of land
- Ereignis
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Geistige Schöpfung
- (wer)
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Che, Shulu
Kumar, Ronald Ravinesh
Stauvermann, Peter
- Ereignis
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Veröffentlichung
- (wer)
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MDPI
- (wo)
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Basel
- (wann)
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2021
- DOI
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doi:10.3390/economies9020061
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Che, Shulu
- Kumar, Ronald Ravinesh
- Stauvermann, Peter
- MDPI
Entstanden
- 2021