Little School on the Prairie: A Push for Structural Transformation
2025
2025
2023
Business property taxes are a significant revenue source for municipalities, but what is their impact on local business establishments? Utilizing a change in provincial policy which forced the city of Toronto to lower business property tax rates, I examine the effect of business property taxes on business activity. I estimate that the elasticity of establishment employment with respect to the property tax rate is less than one, although the results are imprecise. I find larger elasticities for establishments utilizing industrial property versus commercial property, suggesting that industrial establishments are more sensitive to business property taxes. Contrasting with the previous literature I conclude that the impact of establishments from business property taxes can be minimized by maintaining updated property assessments and excluding fixed capital from the property assessment base.
Published in Journal of the Association for Information Science and Technology, 2019
Published in Scientometrics, 2017
Published in 7th Int. Particle Accelerator Conf. (IPAC’16), Busan, Korea, May 8-13, 2016, 2016