| The Journal of Real Estate Finance and Economics | |
| Volume 25, Issue 1, Article 4 (Abstract) | |
| Title: | On Property Tax Coordination |
| Author: | Chi-Chur Chao and Eden S. H. Yu |
| Abstract: | This paper examines the welfare effects of inter-jurisdictional coordination of property taxes. Coordinations in terms of compression, harmonization and radial changes of tax structure are considered. It is found that property tax coordination via uniform radial adjustments of taxes is in general welfare-superior to the other two types of tax changes. However, when there is a large disparity of initial tax rates between jurisdictions, harmonization of property taxes may lead to a larger welfare improvement. |
| Keywords: | property tax, policy coordination, welfare |