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Persistent link: https://www.econbiz.de/10003853407
Drawing upon a unique farm survey in 2003, I find that in rural China, Full-scale Land Reallocation (FLR) are more …
Persistent link: https://www.econbiz.de/10013104265
recent years. The objective of this paper is to provide an overview of land market operations in China with an update of its … transformation, and then document the land development process in China. The foregoing section discusses the problems associated with …
Persistent link: https://www.econbiz.de/10013105902
This paper investigates the pricing impact of the Chinese land lease auction method when compared to non-auction methods. Using land lease transactions in Beijing from 2003 to 2010, we show that, after controlling for land characteristics, the selling mechanism matters and that the auction...
Persistent link: https://www.econbiz.de/10013090252
Municipal governments in China established direct control of the supply of urban land in August 2004. This paper …
Persistent link: https://www.econbiz.de/10013151148
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state …
Persistent link: https://www.econbiz.de/10013152507
Market forces played a negligible role in the allocation of industrial land before 2007 in China. Since 2007, the … investigates the micro-foundations of the industrial land market in urban China post-2007. In this market, the local government as …-industry-specific characteristics, our empirical analysis finds that: first, the industrial land markets have been fledging in China, fostered by the …
Persistent link: https://www.econbiz.de/10012837345
that firms linked to members of China's supreme political elites — the Politburo — obtained a price discount ranging from …
Persistent link: https://www.econbiz.de/10012908696
This study examines whether political connections lead state-owned enterprises (SOEs) to behave differently from privately-owned enterprises (POEs) in acquiring land parcels at auctions and explores the underlying mechanisms that drive the price premiums paid by SOEs. We find that SOEs pay 11.9%...
Persistent link: https://www.econbiz.de/10012853858
In China, policies formulated by the central authority are sometimes discounted in the implementation due to different …
Persistent link: https://www.econbiz.de/10012859273