This article explores the nature of China's land-use rights system, its evolution and impact on resource allocation and local governments' public finances. In recent decades, the public ownership of land has not hindered the development of a thriving market economy. Since the inception of the...

This study is the first attempt to examine the determinants of expenditure decentralization at sub-provincial levels in China. The Chinese central government gives detailed guidelines to local governments on public finance, but, ironically, their expenditure assignment is far from being...

This article explores the nature of China’s land-use rights system, its evolution and impact on resource allocation and local governments’ public finances. In recent decades, the public ownership of land has not hindered the development of a thriving market economy. Since the inception of...