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Agricultural and Resource Economics Review >
Volume 32, Number 1, April 2003 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/31343
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| Title: | Land Development and Current Use Assessment: A Theoretical Note |
| Authors: | England, Richard W.
Mohr, Robert D. |
| Issue Date: | 2003-04 |
| Abstract: | This paper jointly models a landowner's decision to develop a parcel and the option to enroll that parcel in a current use assessment program. The analytical results highlight different factors that influence the effectiveness of a current use program in delaying development. The results also underscore the difficulty a local government might have in influencing the behavior of the landowner. Except for altering eligibility rules, a local government employing current use assessment has but two policy tools: a penalty for development and the property tax rate. |
| URI: | http://purl.umn.edu/31343 |
| Institution/Association: | Agricultural and Resource Economics Review>Volume 32, Number 1, April 2003 |
| Total Pages: | 7 |
| Language: | English |
| From Page: | 46 |
| To Page: | 52 |
| Collections: | Volume 32, Number 1, April 2003
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| 32010046.pdf | 156Kb | PDF | View/Open |
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