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Since late 1980s China's urban land use began to change from administrative allocation to public land leasing. Compared … leasing that links urban institutions, land use, rent and wage capitalization, and local public finance. My focus is on the … endogenous evolution of local public finance due to rent capitalization, especially how local public finance in China transits …
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This paper examines the causal effect of a change in the nomination scheme of the city manager from appointment by the local council to election by the citizens on urban development policies. Using the fact that the timing of the reform was as good as random in municipalities of the German state...
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