Tributação e dinâmica imobiliária: uma análise comparativa para seis aglomerações brasileiras

Fábio Henrique Florindo Amano; Renan Pereira Almeida

Taxation and real estate dynamics: a comparative analysis for six Brazilian agglomerations

Authors

Fábio Henrique Florindo Amano Universidade Federal de São João del-Rei, São João del-Rei, MG, Brasil. https://orcid.org/0000-0002-5549-6424
Renan Pereira Almeida Universidade Federal de São João del-Rei, São João del-Rei, MG, Brasil. https://orcid.org/0000-0003-1741-7665

Abstract

Given the growing demand for infrastructure and social services, and the context of fiscal austerity that is still present in Brazil, the debate between land taxation and real estate prices is crucial to investigate possibilities of revenue recovery for the local government. Drawing from the causal relationship between urban land taxes and the sale price of real estate, this work investigates this relationship in 20 municipalities in the agglomerations of Belo Horizonte (MG), Brasília (DF), Salvador (BA), Vitória (ES), Cachoeiro de Itapemirim (ES) and Criciúma (SC) from econometric estimations using advertising data. The results support the hypothesis that higher IPTU levels are not associated with higher levels of home sales prices. In addition, much of the price variability was explained by variables at the municipality and agglomeration levels.

Keywords: land taxation, real estate, urban development, hierarchical model.

JEL Codes: H71, H7, R3, R5.

Author Biographies

Fábio Henrique Florindo Amano, Universidade Federal de São João del-Rei, São João del-Rei, MG, Brasil.

Mestre em Desenvolvimento, Planejamento e Território (PGDPLAT) pela Universidade Federal
de São João del-Rei (UFSJ).

Renan Pereira Almeida, Universidade Federal de São João del-Rei, São João del-Rei, MG, Brasil.

Doutor em Economia, com ênfase em Economia Urbana e Regional, pelo Cedeplar/UFMG. Professor no Departamento de Ciências Econômicas (DCECO) e do Programa em Desenvolvimento, Planejamento e Território (PGDPLAT) da Universidade Federal de São João del-Rei (UFSJ).

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Published

2023-07-25

How to Cite

AMANO, F. H. F.; ALMEIDA, R. P. Taxation and real estate dynamics: a comparative analysis for six Brazilian agglomerations. Nova Economia, [S. l.], v. 33, n. 1, p. 181–209, 2023. Disponível em: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7437. Acesso em: 17 may. 2024.

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Issue

Vol. 33 No. 1 (2023): Revista Nova Economia

Section

Regular Issue

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