Preferential Assessment, Valuation of Agricultural Land, Valuation of urban land
This paper examines the practice of use-value assessment and its tax expenditure. The economic theory of land prices provides the context for examination of use-value assessment tax expenditure. Empirical models of the difference between market value and use value are then estimated using two data sets from two counties.
This paper was originally published as a working paper by the Lincoln Institute of Land Policy.
Anderson, John E. and Griffing, Marlon F.
"Measuring use-value assessment tax expenditures,"
Assessment Journal: Vol. 7
, Article 3.
Available at: https://researchexchange.iaao.org/assessment_journal/vol7/iss1/3