Recapturing Land for Economic and Fiscal Growth

By 2016, more than 90% of the country had already carried out land approval work, so this paper employs the rural land approval data to study economy growth on the role

Note further that local governments are assumed to be short-sighted as they set the local tax rate to balance the tradeoff between the positive utility effect through higher levels

We exploit the introduction of free banking laws in US states during the 1837-1863 period to examine the impact of removing barriers to bank entry on bank competition and

The value of urban land in those regions increased in the period after 1999, an outcome that could be attributable to increased demand for land to accommodate economic growth, delayed

At the aggregate level, based on data from 1972 to 2005, the study finds that only the sub-central governments’ tax revenue as a share of total public-sector revenue has

Finally, it was only Keynesian (3) who expresses that governments need not balance their fiscal books and instead should use deficit finance as a cyclical device for stabilizing

The unique contribution of the paper is that the model not only integrates the Solow growth and Alonso residential distribution models with endogenous land value for a

Through the overall review, the measures are suggested that can be put in place to ensure economic efficiency by both central and local governments and enhance the