Design optimization of real estate tax and effect analysis in China
Abstract: The objective of
this research is to reform the current real estate tax system and establish the
real estate tax system suitable for China’s national conditions.
Design/methodology: Based on the necessity of the real estate tax reform,
the paper studies the system optimization and its effects analysis of the real
estate tax. At last, the paper uses the system dynamics to demonstrate the
feasibility of the real estate tax from an empirical point.
Findings: With the system dynamics, we can establish the causal
relationship of the influence factors and forecast the impact on the future
real estate prices. It can also provide some suggestions for China’s real
estate tax reform.
Research limitations/implications: The establishment of the model might
not be very mature, so we need the further study and improvement.
Originality/value: This study was the first to use system dynamics to
analyze the impact of real estate taxes on real estate prices, and we hope to
provide some suggestions for China’s real estate tax reform.
Author: Jingjiuan Guo, Aibo
Hao, Yipeng Ren
Journal Code: jptindustrigg140054
