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 …

In this paper, we explore the relationship between land policies and urbanization in the People's Republic of China … leasing. We find that the urbanization rate and the land leasing revenue are positively related. Land leasing provides …

In this paper, we explore the relationship between land policies and urbanization in the People's Republic of China … leasing. We find that the urbanization rate and the land leasing revenue are positively related. Land leasing provides …

This paper provides an overview of land and housing market developments in modern China since 1949. Key milestones in … China’s land allocation system are documented along with a description of the amazing transformation that has taken place … development and uses that model to analyze several current policy issues in China. Those issues include: improper pricing of land …