筆地規模의 調整과 累進土地說의 轉嫁

Parcel Size Adjustabillty and The Incidence d Progressive Land Ownership Tax

Progressive land ownership tax, which has been in effect for three years in Korea, is too widely accepted as a legitimate policy tool to be considered as a source of welfare loss. This paper attempts to show that the tax may reduce the total stock of effective living space through the reduction of parcel size and hence the burden of the tax partially shifted to the renter. The logic of this paper heavily relies on the concept of I core' such as elevators, staircases and corridors. If the parcel size is adjustable, progressive Land ownership tax would reduce the parcel size and would increase the portion of core, since the size of the core changes less rapidly than parcel size does. Increased portion of the core induces building height to be lower and the stock of the effective space to be smaller. Shifting of the tax burden is a result of reduced stock of effective Living space.