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Dr. Shulu Che
CHANGWON NATIONAL UNIVERSITY

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0 China
0 Land
0 Real Estate
0 China economics
0 Land use

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Short Biography

20 Changwondaehak-ro Uichang-gu Changwon-si, Gyeongsangnam-do 51140 KOREA.

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Journal article
Published: 17 April 2021 in Economies
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In this paper, we theoretically analyze the effects of three types of land taxes on economic growth using an overlapping generation model in which land can be used for production or consumption (housing) purposes. Based on the analyses in which land is used as a factor of production, we can confirm that the taxation of land will lead to an increase in the growth rate of the economy. Particularly, we show that the introduction of a tax on land rents, a tax on the value of land or a stamp duty will cause the net price of land to decline. Further, we show that the nationalization of land and the redistribution of the land rents to the young generation will maximize the growth rate of the economy.

ACS Style

Shulu Che; Ronald Kumar; Peter Stauvermann. Taxation of Land and Economic Growth. Economies 2021, 9, 61 .

AMA Style

Shulu Che, Ronald Kumar, Peter Stauvermann. Taxation of Land and Economic Growth. Economies. 2021; 9 (2):61.

Chicago/Turabian Style

Shulu Che; Ronald Kumar; Peter Stauvermann. 2021. "Taxation of Land and Economic Growth." Economies 9, no. 2: 61.