Socioeconomic Factors and Development Impact Fees
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This article aims to empirically examine what factors lead local governments to use development impact fees (DIFs). For this, the author uses Colorado counties as this study’s units of analysis because Colorado’s Development Impact Fee Act allows local governments to autonomously choose and implement development impact fees according to local governments’ situations. This means that local governments in Colorado are not directly controlled by state governments in using DIFs. Therefore, a broad variation in the use of DIFs appears among Colorado counties. Namely, some counties more actively use DIFs while the rest of counties do not. Using a statistical tool, the author analyzes this social phenomenon by testing six hypotheses, which are relevant to socioeconomic factors and demographic factors. The final results prove that counties with more residents having high income and high education level more actively use DIFs.
Abstract
This article aims to empirically examine what factors lead local governments to use development impact fees (DIFs). For this, the author uses Colorado counties as this study’s units of analysis because Colorado’s Development Impact Fee Act allows local governments to autonomously choose and implement development impact fees according to local governments’ situations. This means that local governments in Colorado are not directly controlled by state governments in using DIFs. Therefore, a broad variation in the use of DIFs appears among Colorado counties. Namely, some counties more actively use DIFs while the rest of counties do not. Using a statistical tool, the author analyzes this social phenomenon by testing six hypotheses, which are relevant to socioeconomic factors and demographic factors. The final results prove that counties with more residents having high income and high education level more actively use DIFs.
참고문헌 (37)
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