Publication:
Reforming Land Valuation and Taxation in Ukraine: A Path towards greater Sustainability Fairness, and Transparency

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dc.contributor.authorDeininger, Klaus
dc.contributor.authorAli, Daniel Ayalew
dc.contributor.authorBukin, Eduard
dc.contributor.authorMartyn, Andrii
dc.date.accessioned2024-12-13T15:24:37Z
dc.date.available2024-12-13T15:24:37Z
dc.date.issued2024-12-13
dc.description.abstractThe shift from administrative to market-based property valuation is critical for effective decentralization and local revenue collection in Ukraine. To demonstrate the viability of such a shift, this paper uses prices for nearly 200,000 agricultural land sale transactions in 2021–24 together with parcel attributes from public data to estimate a hedonic model and predict prices for all of Ukraine’s 7.5 million commercial agricultural land parcels. Despite the war, mean predicted prices are significantly above current ‘normative monetary’ valuations (NMVs). Inter-regional differences are pronounced. Steps to extend mass appraisal to residential urban properties and legislative changes needed to replace NMVs with a market-based approach are discussed, noting that a shift to market-based valuation will have far-reaching implications for the volume of public and private investment that can be attracted to support reconstruction; the likely effectiveness of such investment; and local governments’ ability to benefit from any land value appreciation that may result from it.en
dc.identifierhttp://documents.worldbank.org/curated/en/099018512112432292/IDU166739eb81175e144531a4d4194e886d6ae76
dc.identifier.doi10.1596/1813-9450-10998
dc.identifier.doihttps://doi.org/10.1596/1813-9450-10998
dc.identifier.urihttps://hdl.handle.net/10986/42537
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10998
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectMASS LAND VALUATION
dc.subjectUKRAINE
dc.subjectPROPERTY TAXATION
dc.subjectGEOSPATIAL MODELING
dc.subjectLAND CADASTER
dc.subjectECONOMIC REFORMS
dc.titleReforming Land Valuation and Taxation in Ukraineen
dc.title.subtitleA Path towards greater Sustainability Fairness, and Transparencyen
dc.typeWorking Paper
dspace.entity.typePublication
okr.associatedcontenthttps://reproducibility.worldbank.org/index.php/catalog/223 Link to reproducibility package
okr.date.disclosure2024-12-13
okr.date.doiregistration2025-04-14T11:54:31.630650Z
okr.date.lastmodified2024-12-11T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099018512112432292/IDU166739eb81175e144531a4d4194e886d6ae76
okr.guid099018512112432292
okr.identifier.docmidIDU-66739eb8-175e-4453-a4d4-94e886d6ae76
okr.identifier.doi10.1596/1813-9450-10998
okr.identifier.externaldocumentum34435013
okr.identifier.internaldocumentum34435013
okr.identifier.reportWPS10998
okr.import.id6019
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099018512112432292/pdf/IDU166739eb81175e144531a4d4194e886d6ae76.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryUkraine
okr.sectorOther Agriculture, Fishing and Forestry
okr.themeUrban and Rural Development,Land Policy and Tenure,Rural Development,Land Administration and Management
okr.topicRural Development::Common Property Resource Development
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.topicEnvironment::Sustainable Land Management
okr.topicCommunities and Human Settlements::Land Use and Policies
okr.unitDEC-Sustainability & Infrastruct (DECSI)
relation.isAuthorOfPublication68546f99-84de-5466-be55-9170c38603e2
relation.isAuthorOfPublication222ae66b-b10f-58d1-892a-56c27c73ba84
relation.isAuthorOfPublication.latestForDiscovery68546f99-84de-5466-be55-9170c38603e2
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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