Ellen P. Tanzer
Abstract
In a previous study [13] I showed theoretically that housing quality will rise when the structure tax rate falls if capital is a noninferior input. This result was supported empirically with aggregate SMSA‐level data. The present study reports empirical confirmation with microdata more appropriate for the theoretical hypothesis.
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In a previous study [13] I showed theoretically that housing quality will rise when the structure tax rate falls if capital is a noninferior input. This result was supported empirically with aggregate SMSA‐level data. The present study reports empirical confirmation with microdata more appropriate for the theoretical hypothesis.
Key concepts: Microdata (statistics), Economics, Econometrics, Aggregate data, Empirical evidence, Capital structure, Macroeconomics, Statistics