A Normative Analysis of Impact Fees for Suburban Commercial Development
Bibliographic Data
| ID | 24036628 |
|---|---|
| Authors | Adam T Jones (0000-0002-0681-8108), Arthur Snow (0000-0002-4641-8969) |
| Year | 2015 |
| Volume | 71 |
| Issue | 2 |
| Pages | 141-152 |
| Publication date | 2015-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | FinanzArchiv (JOURNAL) |
| Journal identifiers | ISSN: 0015-2218 • E-ISSN: 1614-0974 |
| Publisher | Mohr Siebeck (PUBLISHER) |
| DOI | 10.1628/001522115x14285723527638 |
| OpenAlex | W2173181254 |
| Language | EN |
| Citations received | 1 |
Using a circular city model to represent commercial development in a suburban setting, we present a normative analysis showing that complete reliance on impact fees is economically superior to any alternative relying on taxes levied on households. The reason is that impact fees allocate the cost of maintaining infrastructure services to those who benefit from the commercial development, whereas tax financing creates a fiscal externality wherein part of the cost of a commercial development is borne by households other than those who benefit, leading to inefficient over entry.
Business · Economics · Normative · Political science · Fiscal Policy and Economic Growth · Housing Market and Economics · Law · Regional Economics and Spatial Analysis
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2025 - 2025 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |