Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?

This paper explores whether and how corruption and competition-for-promotion motives affect urban land supply in the People's Republic of China. Conditional on demand-side factors, we find that corruption is highly correlated with an increase in land supply. The corruption effects are strongest...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu
Formato:	article
Lenguaje:	EN
Publicado:	World Scientific Publishing 2017
Materias:	institution land supply monocentric-city model People's Republic of China political factors Social sciences and state - Asia (Asian studies only) H53
Acceso en línea:	https://doaj.org/article/4368ccc9f116441b8a75123a8313459b
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:4368ccc9f116441b8a75123a8313459b
record_format	dspace
spelling	oai:doaj.org-article:4368ccc9f116441b8a75123a8313459b2021-12-02T12:20:35ZDeterminants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?0116-11051996-724110.1162/adev_a_00098https://doaj.org/article/4368ccc9f116441b8a75123a8313459b2017-08-01T00:00:00Zhttps://www.mitpressjournals.org/doi/pdf/10.1162/adev_a_00098https://doaj.org/toc/0116-1105https://doaj.org/toc/1996-7241This paper explores whether and how corruption and competition-for-promotion motives affect urban land supply in the People's Republic of China. Conditional on demand-side factors, we find that corruption is highly correlated with an increase in land supply. The corruption effects are strongest for commercial land, followed by residential land, and then industrial land. To shed light on the competition motives among prefectural leaders, we examine how the number of years in office affects land supply and distinguish among different hypotheses. Our empirical results show robust rising trends in land sales. These results are consistent with the hypothesis that among prefectural leaders the impatience and anxiety in later years from not being promoted may contribute to an increase in land sales revenue in later years. We also find that prefectural leaders may aim for more land sales revenue over their first few years in office instead of seeking higher revenue in their first 1–2 years.Wen-Tai HsuXiaolu LiYang TangJing WuWorld Scientific Publishingarticleinstitutionland supplymonocentric-city modelPeople's Republic of Chinapolitical factorsSocial sciences and state - Asia (Asian studies only)H53ENAsian Development Review, Vol 34, Iss 2, Pp 152-183 (2017)
institution	DOAJ
collection	DOAJ
language	EN
topic	institution land supply monocentric-city model People's Republic of China political factors Social sciences and state - Asia (Asian studies only) H53
spellingShingle	institution land supply monocentric-city model People's Republic of China political factors Social sciences and state - Asia (Asian studies only) H53 Wen-Tai Hsu Xiaolu Li Yang Tang Jing Wu Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?
description	This paper explores whether and how corruption and competition-for-promotion motives affect urban land supply in the People's Republic of China. Conditional on demand-side factors, we find that corruption is highly correlated with an increase in land supply. The corruption effects are strongest for commercial land, followed by residential land, and then industrial land. To shed light on the competition motives among prefectural leaders, we examine how the number of years in office affects land supply and distinguish among different hypotheses. Our empirical results show robust rising trends in land sales. These results are consistent with the hypothesis that among prefectural leaders the impatience and anxiety in later years from not being promoted may contribute to an increase in land sales revenue in later years. We also find that prefectural leaders may aim for more land sales revenue over their first few years in office instead of seeking higher revenue in their first 1–2 years.
format	article
author	Wen-Tai Hsu Xiaolu Li Yang Tang Jing Wu
author_facet	Wen-Tai Hsu Xiaolu Li Yang Tang Jing Wu
author_sort	Wen-Tai Hsu
title	Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?
title_short	Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?
title_full	Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?
title_fullStr	Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?
title_full_unstemmed	Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?
title_sort	determinants of urban land supply in the people's republic of china: how do political factors matter?
publisher	World Scientific Publishing
publishDate	2017
url	https://doaj.org/article/4368ccc9f116441b8a75123a8313459b
work_keys_str_mv	AT wentaihsu determinantsofurbanlandsupplyinthepeoplesrepublicofchinahowdopoliticalfactorsmatter AT xiaoluli determinantsofurbanlandsupplyinthepeoplesrepublicofchinahowdopoliticalfactorsmatter AT yangtang determinantsofurbanlandsupplyinthepeoplesrepublicofchinahowdopoliticalfactorsmatter AT jingwu determinantsofurbanlandsupplyinthepeoplesrepublicofchinahowdopoliticalfactorsmatter
_version_	1718394510435680256

Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?

Ejemplares similares