Knaap, Gerrit J.; Elson, Andrea Kelly; Donaghy, Kieran P. - In: The Annals of Regional Science 33 (1999) 3, pp. 305-326
In this paper we introduce a general model of property tax increment financed redevelopment. The model illustrates how expenditures on public infrastructure and housing induce private capital investment and growth in property values. It can be used to frame the problem of how best to manage a...
