Effects of local tax structures on the factor intensity composition of manufacturing across cities

Article Abstract:

The impact of differences in local economic conditions on economic activity distribution across cities is analyzed. A new data base developed from data from a cross-section of large US cities is used to assess the influence of local factors, particularly fiscal ones, on the factor intensity of manufacturing activity. Property taxes are demonstrated to enlarge the labor intensity of a municipality's manufacturing base, but corporate and payroll taxes are not shown to have any significant impact on manufacturing activity factor intensity across cities. High-wage cities are shown to have relatively capital-intensive manufacturing bases.

United States, Analysis, Cities and towns, Urban economics, Local taxation

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Impact fees, exclusionary zoning, and the density of new development

Article Abstract:

The use of impact fees as an element of fiscal policy can affect real estate markets. Impact fees give communities flexibility in pricing entry into their jurisdictions, which lets current residents obtain the surplus related to new development. Impact fees can decrease the use of exclusionary zoning in communities and increase the optimal density of new development. Greater use of impact fees may change the centralization in core cities of poorer residents and others who demand high-density development.

Fiscal policy, Zoning law, Impact fees

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On the political economy of land value capitalization and local public sector rent seeking in a Tiebout model

Article Abstract:

A Tiebout model is used to analyze political capitalization when there is a rent-seeking local public sector which suggests a new approach to testing for the effects of successful local public worker rent seeking on property values. Research results indicate that in cities where local public employees earn higher wages than average, potential residents are compensated with lower property prices.

Public works, Employment, Wages, Wages and salaries, Tenants, Property

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