Taxes create incentives; yet, the potency of these incentives may depend on the salience
and household perception of the tax itself. We investigate this issue in the context of property …

Property tax reform in China has long been discussed regarding the reform agenda.
However, nationwide implementation remains stalled, with no clarity regarding when and …

This study extends the work by Sirmans et al. by providing a review of the hedonic pricing
model literature published in real estate journals from 2005 through 2021. A total of 252 …

Despite its importance as a public good, little research studies how fire protection services
affect housing markets or other economic outcomes. We focus on fire levies that are up for …

Housing plays an essential role in sustainable governance due to its socio-economic and
environmental connection. However, the relationship between governance policies, market …

This paper investigates the extent of property tax capitalization in the context of a
progressive property tax pilot in Shanghai. I utilize a difference-in-differences approach by …

This article provides evidence that higher property taxes usually decrease property value.
On average, a 10% increase in property taxes decreases property value by more than …

Sustainability management requires facing tradeoffs between socioeconomic and
environmental objectives, while integrating contextual variations into strategic and business …

This study investigates the impact of local public spending on property values. The theory of
fiscal capitalization, first proposed by Charles Tiebout and Wallace Oates, holds that a …

Local property tax capitalization into house prices is an ongoing empirical debate, and
county-level responses are under-studied in this vein. This paper contributes to the empirical …