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Business rates: hoorah! But watch out for housing!

Cheshire, Paul and Hilber, Christian A. L. (2015) Business rates: hoorah! But watch out for housing! Spatial Economics Research Centre Blog (25 Oct 2015). Blog.

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Abstract

Posted by Paul Cheshire and Christian Hilber, SERC and LSE At last we have had a serious and radical policy change that really can improve one element of our dysfunctional, policy-induced development morass. As we showed in our 2008 paper the move to convert Business Rates into a purely and transparently national tax largely removed the incentives for Local Authorities (LAs) to permit commercial development. This increased the costs of office space substantially more than any feasible level of business rates might ever have done. Because it just induced an even greater shortage of supply.

Item Type: Online resource (Blog)
Official URL: http://spatial-economics.blogspot.co.uk/
Additional Information: © 2015 The Author(s)
Divisions: European Institute
Geography & Environment
Spatial Economics Research Centre
Centre for Economic Performance
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
J Political Science > JC Political theory
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Departments > European Institute
Departments > Geography and Environment
Research centres and groups > Spatial Economics Research Centre
Research centres and groups > Centre for Economic Performance (CEP)
Research centres and groups > Greater London Group
Collections > LSE Spatial Economics Research Centre Blog
Date Deposited: 28 Jun 2017 10:42
Last Modified: 28 Jun 2017 10:42
URI: http://eprints.lse.ac.uk/id/eprint/82564

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