“Investment” or “Environmental Protection”:How does Real Estate Tax Affect Local Government’s Behavior
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Abstract Taking Xiamen PX project as example, this paper analyzes the behavior logic of China’s urban government from the perspective of real estate revenue institution of local government. As residential development and trading finishes, the incentive of current real estate revenue institution on local government to improve environmental quality disappears, and this indicates that imposing property tax which is based on the stock value of real estate becomes one of the reform paths. To solve the environmental problem such as haze caused by the “development-oriented” behavior mode of local government, reasonable revenue system is needed to stimulate the government to implement effective environmental management in that the behavior of local governments is driven by their own financial interests.
SONG Qi,SHANG Yu-Gang. “Investment” or “Environmental Protection”:How does Real Estate Tax Affect Local Government’s Behavior. Economic Survey, 2017, 34(1): 0160.
2017, Vol. 34 
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