Search results

1

Analysis of the Effects of Replacing Current Property Tax with AD Valorem Property Tax in a Sample Municipality

100%

Gnat S.

Folia Oeconomica Stetinensia

|

2009

|

vol. 8

|

issue 1

82-98

EN

Analysis of consequences of introducing land value taxation in one of the zachodniopomorskie voivodeship municipality was presented. There has been property evaluation conducted along with current land tax charges estimation. Effects of tax system reorganization were presented with emphasis on commune's budget income changes and single plots tax ballast changes.

2

Prediction of changes in the tax burden of land plots with the use of multivariate statistical analysis methods

80%

Dmytrów K., Gnat S.

Econometrics. Ekonometria. Advances in Applied Data Analytics

|

2019

|

issue vol. 23 no. 2

33-48

EN

It is believed that the ad valorem tax will increase fiscal burdens. In order to verify this statement, with the use of the Szczecin Algorithm of Real Estates Mass Appraisal, the land plots were appraised and the ad valorem tax was calculated. Next, a training set was sampled, for which the composite variable was calculated by means of three approaches: the TOPSIS method, the Generalised Distance Measure as the composite measure of development (GDM2), and the quasi-TOPSIS. They were the explanatory variables in the logistic regression model. Next, for the test set, changes of tax burden were forecasted. The aim of the research was to check the effectiveness of the presented approach for the estimation of the consequences of introducing the ad valorem tax. The results showed that all three approaches yielded similar results, but GDM2 was the best one. The main finding is that these approaches can be used in the prediction of changes in the tax burden of land plots.

3

Calibration of attributes influence in the process of real estate mass appraisal by using decision-making methods

70%

Dmytrów K.

Przegląd Statystyczny

|

2019

|

vol. 66

|

issue 4

287-308

EN

There are situations in the real estate market in which a large number of properties have to be valued at the same time. In such cases it is advisable to use mass valuation methods. These methods involve estimating the value of a property on the basis of the values of the attributes defining it. The aim of the paper is to calibrate the influence of attributes on unit values of properties in mass appraisal in order to minimise the valuation error. The research was conducted for 318 residential properties located in Szczecin. The Szczecin Algorithm of Real Estate Mass Appraisal was used along with the econometric, statistical and expert approaches. The econometric approach is based on the ridge regression model, the statistical approach on the partial Kendall τ correlation coefficients, and the expert approach on the AHP method. The quadratic programming was co-employed with the statistical and expert approaches in order to minimise the mean square error (MSE) of the valuations. The econometric and statistical approaches with the minimisation of the MSE generated best results. The least accurate results were obtained by means of the statistical and expert approaches without the minimisation of the MSE. However, even though the optimisation of the MSE improves the quality of valuations, it also narrows down their volatility, which might make the valuation of properties from the outside of a given database more problematic.

Refine search results

1 Econometrics. Ekonometria. Advances in Applied Data Analytics

1 Folia Oeconomica Stetinensia

1 Przegląd Statystyczny

1 2020

1 2019

1 2009

2 Dmytrów K.

2 Gnat S.

Analysis of the Effects of Replacing Current Property Tax with AD Valorem Property Tax in a Sample Municipality

Prediction of changes in the tax burden of land plots with the use of multivariate statistical analysis methods

Calibration of attributes influence in the process of real estate mass appraisal by using decision-making methods