Assessment Journal
Article Title
Keywords
Housing market - models, Property tax incidence, Economic development affected by the property tax, Valuation of housing
Abstract
This paper will summarize the traditional theories of tax incidence, reviews Edward Chamberlin’s theory of monopolistic competition and its relevance to the question of property tax effects, and present the findings from a Chamberlin price model of tax capitalization.
Recommended Citation
Grothe, Barbara P. and Reichert, Alan K.
(1995)
"A monopolistic competitive model of the local housing market, with special emphasis on the incidence of property taxes,"
Assessment Journal: Vol. 2:
No.
1, Article 6.
Available at:
https://researchexchange.iaao.org/assessment_journal/vol2/iss1/6
First Page
46
Last Page
54