Taxing land-values may distort the choice between earlier and later development of unused parcels of land in favor of projects that promise an earlier stream of revenue. This may distort efficient land use.
The Pittsburgh experience affirms standard economic theory, predicting that a major increase in land value taxation should be neutral. That is, have little impact on development decisions.
Based on the results of a natural experiment in Denmark, land value taxation doesn't distort economic decisions because it doesn't distort the user cost of land.
The “overwhelming majority” of supervisory board decisions under codetermination are unanimous.
81% of Swedish managing directors report codetermination does not hinder effective decision-making.
Codetermination in Sweden: Myth and Reality
Co-Determination and Innovation
Land Taxes and Housing Prices
The Impact of Urban Land Taxation: The Pittsburgh Experience
Mads Rahbek Jørgensen
Anne Kristine Høj
Robert M. Schwab
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Land Value Tax