17/8/2014: The Globalization Paradox and Land-linked Taxation
Couple of years ago, I wrote extensively on the efficiency of land-value or site-value taxes in raising public investment funding and alleviating the adverse impact of private rents accruing to landowners from public investment (see for example here: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2047518 and more extensive version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2029515 ). I have also covered the advantages offered by land-value taxation in the context of stabilising macroeconomic and tax environments and addressing key risks to these environments ( http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2029519 ). A new paper by Schwerhoff, Gregor and Edenhofer, Ottmar, titled " The Globalization Paradox Revisited " (July 22, 2014, CESifo Working Paper Series No. 4878. http://ssrn.com/abstract=2469725 ) makes a similar argument, but within the context of the land linked taxes efficiency in alleviating a different problem. Note, emphasis in italics is min...