Du, Hongyan; Ma, Yongkai; An, Yunbi - In: The Quarterly Review of Economics and Finance 51 (2011) 1, pp. 19-27
This paper reviews the evolution of Chinese land policy over the past two decades and examines its impact on the dynamic relationship between housing and land prices in the Chinese real estate market. Using panel datasets from Beijing, Shanghai, Tianjin, and Chongqing, we find that there exists...