Journal article

On the role of government land information in macroeconomic policies

Nilofer Tambuwala, Rohan Bennett, Abbas Rajabifard, Jude Wallace, Ian Williamson

Environment and Planning C - Government & Policy | PION LTD | Published : 2011

Abstract

In many countries macroeconomic policy making and land administration operate indepen- dently. A review of the literature from both disciplines supports this view. The failure to include authoritative land information generated by a country's land administration system in macroeconomic policy making can result in suboptimal governmental fiscal and monetary decisions. This is demon- strated through two case studies of the Australian context, with a focus on managing land taxes and administering interest on debt financing. A simplified empirical model is derived from the study results. The model aims to articulate and promote the important role of government land information in policy and deci..

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