Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 盛柳刚教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1111/1468-0106.12153 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/0WOS source URL
其它资讯
摘要This paper presents a new perspective for understanding the land sale behaviour of local governments in China, focusing on the institutional trinity' of the land market; namely, state ownership, economic performance-based political promotion and the unbalanced fiscal structure. The paper argues that the main motivations of local government to sell land are to promote industrial growth and to enhance government fiscal capacity. These two hypotheses are tested using prefecture-level data covering approximately 33http://aims.cuhk.edu.hk/converis/portal/Publication/0 municipalities during the period of 1999-2http://aims.cuhk.edu.hk/converis/portal/Publication/0http://aims.cuhk.edu.hk/converis/portal/Publication/07. The paper finds that industrial output and fiscal expenditure increase by approximately 1.8% and 1.http://aims.cuhk.edu.hk/converis/portal/Publication/0%, respectively, if the area of land sale doubles. Evidence also shows that land sale promotes industrial growth by boosting fixed asset investment and foreign direct investment. Interestingly, the paper also finds that the land-sale strategy of local governments is more effective in the eastern provinces than in other regions.
着者Tian W, Sheng LG, Zhao HY
期刊名称Pacific Economic Review
出版年份2http://aims.cuhk.edu.hk/converis/portal/Publication/016
月份2
日期1
卷号21
期次1
出版社WILEY-BLACKWELL
页次84 - 1http://aims.cuhk.edu.hk/converis/portal/Publication/01
国际标準期刊号1361-374X
电子国际标準期刊号1468-http://aims.cuhk.edu.hk/converis/portal/Publication/01http://aims.cuhk.edu.hk/converis/portal/Publication/06
语言英式英语
Web of Science 学科类别Business & Economics; Economics
