Designing the Model of Factors Affecting the Income of Districts of Tehran Municipality Using Panel Data Models (FGLS & PCSE)

Collection resources by the municipalities of Tehran's urban areas constitute a significant share (45%) of the total collection resources of this institution. The main purpose of this study is to identify and determine the effective factors on the collection resources of the 22 districts of Tehran, design the model, and estimate the effect coefficients using FGLS and PCSE econometric methods using seasonal data from 2015 to 2019. Based on the findings, the collection resources of the municipalities of the regions are mainly dependent on the boom in the construction sector (the number of housing transactions, the number of building permits issued, and the price of land) with significant intensity and the state of the population living in the region (population density). According that the share of the cost of issuing a building permit of the total cost of housing production in the northern regions compared to the same share in the southern regions is very small (due to the significant difference in land prices in the northern and southern regions of the city) and also the significant deviation in the regional real estate price (the reference book for determining the price of tolls) from the corresponding index based on the market price, it is suggested that the policy of increasing the price of building permits should be considered, especially in periods of prosperity to increase the revenues of Tehran Municipality and also Redistribution of wealth and investment in the housing sector among different urban areas.