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Municipal governments in China established direct control of the supply of urban land in August 2004. This paper examines whether this government action mitigates the efficiency of the residential land market. Using a unique data set of detailed land and residential community transactions with...
Persistent link: https://www.econbiz.de/10013151148
Real Estate Exchange as to widen the scope of market, facilitate easy trading to avoid wide fluctuations in the market. The exchange would also enable price discovery through efficient allocation and distribution of resources. Real Estate exchange is the need of the hour. It would widen the...
Persistent link: https://www.econbiz.de/10013241164
Persistent link: https://www.econbiz.de/10011777660
Municipal governments in China established direct control of the supply of urban land in August 2004. This paper examines whether this government action mitigates the efficiency of the residential land market. Using a unique data set of detailed land and residential community transactions with...
Persistent link: https://www.econbiz.de/10014163326
Persistent link: https://www.econbiz.de/10011317952
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011523474
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011524822
Decoupled direct payments were introduced in the EU in form of the Single Payment Scheme (SPS) in 2005. The 2013 CAP reform changed both the implementation of the SPS and its budget. We assess the possible effects of the 2013 CAP reform on EU land markets; in particular the capitalization of the...
Persistent link: https://www.econbiz.de/10011527216