GOVERNMENT INTERVENTION, LAND MARKET, AND URBAN DEVELOPMENT: EVIDENCE FROM CHINESE CITIES.
This article investigates how government intervention in land market affects China's urban development, using data from prefecture-level cities between 2000 and 2010. We find that government intervention enlarges the impact of positive productivity shocks on housing price appreciation, through mainl...
| Publicado en: | Economic Inquiry Vol. 55; no. 1; pp. 115 - 137 |
|---|---|
| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jan2017
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=119533486&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 119533486 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jan2017 vid: 55 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 119533486 10.1111/ecin.12353 ppf: 115 ppct: 22 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.4MB tig: atl: GOVERNMENT INTERVENTION, LAND MARKET, AND URBAN DEVELOPMENT: EVIDENCE FROM CHINESE CITIES. aug: au: Zhang, Jipeng Fan, Jianyong Mo, Jiawei affil: Associate Professor, The Research Institute of Economics and Management, Southwestern University of Finance and Economics, Chengdu China Professor, School of Economics, Fudan University, Shanghai China Ph.D. Student, School of Economics and Finance, The University of Hong Kong, Pok Fu Lam Hong Kong su: China Urbanization Intervention (Federal government) Cities & towns Migrant labor Wages Economic research sug: subj: Urbanization Intervention (Federal government) Cities & towns Migrant labor Wages China Research and Development in the Social Sciences and Humanities Economic research ab: This article investigates how government intervention in land market affects China's urban development, using data from prefecture-level cities between 2000 and 2010. We find that government intervention enlarges the impact of positive productivity shocks on housing price appreciation, through mainly the government control over residential land supply. However, we find no significant evidence that high government intervention constrains population growth and leads to wage increase. Such patterns of urban dynamics can be explained by the fact that migrant workers are the driving force behind China's urbanization, but they have limited housing demand and are not well compensated. ( JEL P52, R12, H11) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|