PT  - JOURNAL ARTICLE
AU  - Choi, Ki-Whan
AU  - Sjoquist, David L.
TI  - Economic and Spatial Effects of Land Value Taxation in an Urban Area: An Urban Computable General Equilibrium Approach
AID  - 10.3368/le.91.3.536
DP  - 2015 Aug 01
TA  - Land Economics
PG  - 536--555
VI  - 91
IP  - 3
4099  - http://le.uwpress.org/content/91/3/536.short
4100  - http://le.uwpress.org/content/91/3/536.full
SO  - Land Econ2015 Aug 01; 91
AB  - This paper studies the effects of switching from a capital property tax to a land value tax, using an urban computable general equilibrium model calibrated to the features of the Atlanta, Georgia, area. Our model differs from prior simulation studies in that we assume that residents own a fixed amount of land rather than assuming an absentee landowner, we consider three income groups rather than just one, we consider cases in which housing capital is not completely mobile, and we allow for a labor-leisure choice. (JEL H21, H71)