Un modèle de mobilité résidentielle avec taxe foncière
Marc Germain () and
Dominique Peeters ()
Additional contact information
Marc Germain: UNIVERSITE DE LILLE 3, EQUIPPE, and UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES)
Dominique Peeters: UNIVERSITE CATHOLIQUE DE LOUVAIN, Center for Operations Research and Econometrics (CORE)
No 2014016, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)
Abstract:
Individuals with heterogeneous incomes occupy a territory divided into zones with unequal levels of amenities. Using the concept of land rent à la Ricardo, we propose a model determining the land rent in the different zones as well as the distribution of individuals across them. A land tax modifies the equilibrium of the land market without tax if its amount exceeds the rent in some zones. In this case, individuals are led to concentrate on a reduced part of the territory, which affects negatively their utility. If the tax incomes are used to finance a global public good, the direct negative impact of the tax can be reduced and possibly more than compensated. An externality that affects negatively the amenities in one zone impacts the rents in all zones via a process of "voting with the feet". In the presence of a land tax, the externality may lead to a reduction in the populated part of the territory. However, the tax incomes may finance a compensation system where the landowners victims of the externality are compensated by those who are not affected.
Keywords: Residential mobility; ricardian rent; land tax (search for similar items in EconPapers)
JEL-codes: H23 R14 R23 R52 (search for similar items in EconPapers)
Pages: 22
Date: 2014-09-29
References: Add references at CitEc
Citations:
Downloads: (external link)
http://sites.uclouvain.be/econ/DP/IRES/2014016.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:2014016
Access Statistics for this paper
More papers in LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Virginie LEBLANC ().