Returns to Scale in Property Assessment: Evidence from New York State’s Small Localities Coordination Program

IF 1.8 3区经济学 Q2 BUSINESS, FINANCE

National Tax Journal Pub Date : 2023-02-10 DOI:10.1086/723127

Yusun Kim, Yilin Hou, J. Yinger

引用次数: 2

Abstract

New York State (NYS) incentivizes cities and towns to merge their Tax Assessor’s Offices while maintaining separate taxing authority. This paper treats cooperative agreements among small tax-assessing jurisdictions in NYS as a natural experiment to explore economies of parcel scale in property assessment. Using 2003–2014 data, we estimate these scale economies using cost-function models with control functions. Our results show consistent evidence of economies of parcel scale, holding quality constant. Local governments can save personnel, operational, and contractual costs by collaborating with nearby localities in conducting property assessments.

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房地产评估的规模回报：来自纽约州小地方协调计划的证据

纽约州（NYS）鼓励城镇合并其税务评估员办公室，同时保持独立的税务机构。本文将纽约州小型税务评估管辖区之间的合作协议视为探索财产评估中地块规模经济的自然实验。利用2003-2014年的数据，我们使用带有控制函数的成本函数模型来估计这些规模经济。我们的结果显示了地块规模经济的一致证据，保持了质量不变。地方政府可以通过与附近地区合作进行财产评估来节省人员、运营和合同成本。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

National Tax Journal Multiple-

CiteScore

3.40

自引率

11.80%

发文量

期刊介绍： The goal of the National Tax Journal (NTJ) is to encourage and disseminate high quality original research on governmental tax and expenditure policies. Articles published in the regular March, June and September issues of the journal, as well as articles accepted for publication in special issues of the journal, are subject to professional peer review and include economic, theoretical, and empirical analyses of tax and expenditure issues with an emphasis on policy implications. The NTJ has been published quarterly since 1948 under the auspices of the National Tax Association (NTA). Most issues include an NTJ Forum, which consists of invited papers by leading scholars that examine in depth a single current tax or expenditure policy issue. The December issue is devoted to publishing papers presented at the NTA’s annual Spring Symposium; the articles in the December issue generally are not subject to peer review.