Henry George and Mohring–Harwitz Theorems: Lessons for Financing Smart Cities in Developing Countries (Record no. 11211)
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| fixed length control field | 01937nab a2200265 4500 |
| 005 - DATE & TIME | |
| control field | 20210203110828.0 |
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| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Mishra, Alok Kumar |
| 245 ## - TITLE STATEMENT | |
| Title | Henry George and Mohring–Harwitz Theorems: Lessons for Financing Smart Cities in Developing Countries |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Name of publisher, distributor, etc | Sage, |
| Date of publication, distribution, etc | 2019. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Pages | Vol 10, Issue 1, 2019 (13-30 p.) |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Developing countries are embarking on ‘smart city’ programmes to rejuvenate their cities as engines<br/>of economic growth, applying smart solutions and managerial innovations. However, they ignore the<br/>powerful externalities of cities and are far from adopting ‘smart’ ways of financing urban infrastructure<br/>and services based on known theories and international practices. This article combines the Henry<br/>George Theorem (HGT) from Urban Economics and Mohring–Harwitz Theorem (MHT) from<br/>Transport Economics to suggest a robust strategy of financing infrastructure in cities. While the HGT<br/>emphasizes the taxation of urban land value, the MHT advocates the pricing of congestion externalities.<br/>The article suggests that if ‘beneficiaries pay’ and ‘congesters pay’ principles are combined, cities in<br/>developing countries like India can generate adequate revenues to service long-tenor debt incurred<br/>for core infrastructure facilities. It presents a toolbox of instruments to finance urban infrastructure |
| 650 ## - Subject | |
| Subject | Henry George Theorem, |
| 650 ## - Subject | |
| Subject | Mohring–Harwitz Theorem, |
| 650 ## - Subject | |
| Subject | land value tax, |
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| Subject | congestion pricing, |
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| Subject | land-based instruments |
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| Subject | beneficiaries pay, |
| 650 ## - Subject | |
| Subject | congesters pay |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 11205 |
| Host Itemnumber | 15500 |
| Title | Environment and urbanization Asia |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | https://journals.sagepub.com/doi/pdf/10.1177/0975425318821797 |
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| Koha item type | Articles |
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