two tax systems came about. Taxation is only feasible when men and land can be linked as a single bundle. Taxation of land … is not feasible without men, and taxation of men is not feasible without land. A tax maximizing bureaucrat has to combine … the two variables in such a way that tax revenues are maximized given the constraints of land and men in his country …

This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In … labor migration, and land market distortions. We match land transaction and firm-level survey data to estimate land market … distortions for firms. Misallocation arises when similar firms are faced with land prices that effectively prevent productive …