Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
The Impact of Competition, Subsidies, and Taxes on Production and Construction Cost : The Case of the SwedishHousing Construction Market
Few empirical studies focus on developing data and analyses on the factors that influence the decision making process of builders,developers and landlords. Interest subsidy, taxes, and competition are some of the factors that can influence the level of constructionor production costs and ultimately the price of the housing units produced.Different subsidy schemes and value-added taxes (VAT)have been used as tools to increase housing construction in Sweden. However, their effect on costs of the housing stock has notbeen rigorously examined in the current housing supply literature.The aim of this paper is to investigate the relationship betweenproduction and construction cost and its determinants especially their relationship to different subsidy schemes and value-addedtaxes. In our econometric analysis, we utilize a quarterly panel data that covers 1975–2004.Our results suggest that there is a positiverelationship between subsidies and construction cost and inverse relationship to value added taxes. This could explain why fewcompanies within the housing construction industry raise the cost of production since these companies could manage to transfersome of the tax burden from themselves to the housing developers. Paper goes on to discuss common practices of constructioncompanies that affects production costs. ; QC 20140219
The Impact of Competition, Subsidies, and Taxes on Production and Construction Cost : The Case of the SwedishHousing Construction Market
Few empirical studies focus on developing data and analyses on the factors that influence the decision making process of builders,developers and landlords. Interest subsidy, taxes, and competition are some of the factors that can influence the level of constructionor production costs and ultimately the price of the housing units produced.Different subsidy schemes and value-added taxes (VAT)have been used as tools to increase housing construction in Sweden. However, their effect on costs of the housing stock has notbeen rigorously examined in the current housing supply literature.The aim of this paper is to investigate the relationship betweenproduction and construction cost and its determinants especially their relationship to different subsidy schemes and value-addedtaxes. In our econometric analysis, we utilize a quarterly panel data that covers 1975–2004.Our results suggest that there is a positiverelationship between subsidies and construction cost and inverse relationship to value added taxes. This could explain why fewcompanies within the housing construction industry raise the cost of production since these companies could manage to transfersome of the tax burden from themselves to the housing developers. Paper goes on to discuss common practices of constructioncompanies that affects production costs. ; QC 20140219
The Impact of Competition, Subsidies, and Taxes on Production and Construction Cost : The Case of the SwedishHousing Construction Market
Warsame, Abukar (Autor:in) / Wilhelmsson, Mats (Autor:in) / Wigren, Rune (Autor:in) / Yang, Zan (Autor:in)
01.01.2013
doi:10.1155/2013/868914
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
DDC:
690
Market Effects of Moderate Income Construction Subsidies
NTIS | 1973
|Geonomics: fostering a market for sustainable building by reforming taxes and subsidies
British Library Conference Proceedings | 1994
|Tax competition, spillovers, and subsidies
Online Contents | 2006
|Tax competition, spillovers, and subsidies
Online Contents | 2006
|The impact of design directives on competition, construction cost and value
British Library Conference Proceedings | 2003
|