Urbanization, land development, and land financing: Evidence from chinese cities

Journal of Urban Affairs

Volumn 36, Issue S1, 2014, Pages 354-368

  Ye, Lin ^a   Wu, Alfred M ^b  

^a SUN YAT SEN UNIVERSITY   (China)

^b THE EDUCATION UNIVERSITY OF HONG KONG   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

FINANCE; INVESTMENT; LAND MARKET; LIVING STANDARD; LOCAL GOVERNMENT; PANEL DATA; POLITICAL RELATIONS; RESOURCE DEVELOPMENT; URBAN ECONOMY; URBANIZATION;

CHINA;

EID: 84900487604     PISSN: 07352166     EISSN: 14679906     Source Type: Journal    
DOI: 10.1111/juaf.12105     Document Type: Article

References (52)

1. Antrop, M. (2004). Landscape change and the urbanization process in Europe. Landscape and Urban Planning, 67(1), 9-26.
2. Brueckner, J. K., & Fansler, D. (1983). The economics of urban sprawl: Theory and evidence on the spatial size of cities. Review of Economics and Statistics, 55, 479-482.
3. Cartier, C. (2001). "Zone fever", the arable land debate, and real estate speculation: China's evolving land use regime and its geographical contradictions. Journal of Contemporary China, 10, 445-469.
4. Chan, K. W. (2007). Misconceptions and complexities in the study of China's cities: Definitions, statistics, and implications. Eurasian Geography and Economics, 48, 383-412.
5. Chan, K. W. (2010). Fundamentals of China's urbanization and policy. The China Review, 10(1), 63-94.
6. Deng, F. F., & Huang, Y. (2004). Uneven land reform and urban sprawl in China: The case of Beijing. Progress in Planning, 61, 211-236.
7. Deng, X., Huang, J., Rozelle, S., & Uchida, E. (2010). Economic growth and the expansion of urban land in China. Urban Studies, 47, 813-843.
8. Ding, C. (2004). Urban spatial development in the land policy reform era: Evidence from Beijing. Urban Studies, 41, 1889-1907.
9. Feng, X., Ljungwall, C., Guo, S., & Wu, A. M. (2013). Fiscal federalism: A refined theory and its application in the Chinese context. Journal of Contemporary China, 22, 573-593.
10. Gong, T., & Wu, A. M. (2012). Central mandates in flux: Local noncompliance in China. Publius: The Journal of Federalism, 42, 313-333.
11. Gross, J., Ye, L., & LeGates, R. (2014). Asia and the pacific rim: The new peri-urbanization and urban theory. Journal of Urban Affairs, 36(S1).
12. Gu, C., & Wu, F. (2010). Urbanization in China: Processes and policies. The China Review, 10(1), 1-10.
13. Hayashi, F. (2000). Econometrics. Princeton, NJ: Princeton University Press.
14. He, S., & Wu, F. (2005). Property-led redevelopment in post-reform China: A case study of Xintiandi redevelopment project in Shanghai. Journal of Urban Affairs, 27, 1-23.
15. Heikkila, E. J. (2007). Three questions regarding urbanization in China. Journal of Planning Education and Research, 27(1), 65-81.
16. Ho, S. P. S., & Lin, G. C. S. (2003). Emerging land markets in rural and urban China: Policies and practices. The China Quarterly, 175, 681-707.
17. Hsiao, C., & Tahmiscioglu, A. K. (2008). Estimation of dynamic panel data models with both individual and time-specific effects. Journal of Statistical Planning and Inference, 138, 2698-2721.
18. Kennedy, P. (2003). A guide to econometrics. Cambridge, MA: MIT press.
19. Li, X., Xu, X., & Li, Z. (2010). Land property rights and urbanization in China. The China Review, 10(1), 11-38.
20. Lichtenberg, E., & Ding, C. (2009). Local officials as land developers: Urban spatial expansion in China. Journal of Urban Economics, 66, 57-64.
21. Lin, G. C. S. (2007). Reproducing spaces of Chinese urbanisation: New city-based and land-centred urban transformation. Urban Studies, 44, 1827-1855.
22. Liu, C. Y. (2012). From Los Angeles to Shanghai: Testing the applicability of five urban paradigms. International Journal of Urban and Regional Research, 36, 1127-1145.
23. Liu, Y., Yue, W., & Fan, P. (2011). Spatial determinants of urban land conversion in large Chinese cities: A case of Hangzhou. Environment and Planning B: Planning and Design, 38, 706-725.
24. Ministry of Civil Affairs (2008). The adjustment of urban administrative boundaries since 1997 in China and its implication. Retrieved April 22, 2013, from http://www.mca.gov.cn/article/mxht/llyj/200801/20080100009424.shtml (in Chinese).
25. Ministry of Land and Resources (2013). China's 2012 land market statistics. Retrieved July 31, 2013, from http://www.mlr.gov.cn/xwdt/jrxw/201307/t20130730_1246849.htm (in Chinese).
26. National Bureau of Statistics (2012). Report on the 2011 National Migrant Worker Survey. Retrieved April 22, 2013, from http://www.stats.gov.cn/tjfx/fxbg/t20120427_402801903.htm (in Chinese).
27. Peterson, G. E., & Kaganova, O. (2010). Integrating land financing into subnational fiscal management. World Bank Policy Research Working Paper No.5409. Washington, DC: World Bank.
28. Ren, X. (2008). Architecture and national building in the age of globalization: Construction of the national stadium of Beijing for the 2008 Olympics. Journal of Urban Affairs, 30, 175-190.
29. Shen, J., & Wu, F. (2012). Restless urban landscapes in China: A case study of three projects in Shanghai. Journal of Urban Affairs, 34, 255-277.
30. Stock, J. H., & Yogo, M. (2005). Testing for weak instruments in linear IV regression. In D. W. K. Andrews, T. J. Rothenberg, & J. H. Stock (Eds.), Identification and inference for econometric models: Essays in honor of Thomas Rothenberg (pp. 80-108). New York: Cambridge University Press.
31. Sun, J., & Ye, L. (2010). Mega-events, local economies, and global status: What happened before the 2008 Olympics in Beijing and the 2010 World Expo in Shanghai. Journal of Current Chinese Affairs, 39, 133-165.
32. Tao, R., Su, F., Liu, M., & Cao, G. (2010). Land leasing and local public finance in China's regional development: Evidence from prefecture-level cities. Urban Studies, 47, 2217-2236.
33. Tian, L., & Ma, W. (2009). Government intervention in city development of China: A tool of land supply. Land Use Policy, 26, 599-609.
34. Torrens, P. M. (2006). Simulating sprawl. Annals of the Association of American Geographers, 96, 248-275.
35. Wassmer, R. W. (2008). Causes of urban sprawl in the United States. Journal of Policy Analysis and Management, 27, 536-555.
36. Wei, Y., & Zhang, Z. (2012). Assessing the fragmentation of construction land in urban areas: An index method and case study in Shunde, China. Land Use Policy, 29, 417-428.
37. Wooldridge, J. M. (2009). Introductory econometrics: A modern approach (4th ed.). Stamford, CT: Cengage Learning.
38. Wooldridge, J. M. (2010). Econometric analysis of cross section and panel data. Cambridge, MA: MIT Press.
39. World Bank. (2002). China: National development and subnational finance: A review of provincial expenditures. Washington, DC: World Bank.
40. Xu, J., & Yeh, A. G. O. (2005). City repositioning and competitiveness building in regional development: New development strategies in Guangzhou, China. International Journal of Urban and Regional Research, 29, 283-308.
41. Xu, J., Yeh, A. G. O., & Wu, F. (2009). Land commodification: New land development and politics in China since the late 1990s. International Journal of Urban and Regional Research, 33, 890-913.
42. Ye, L. (2009). Regional government and governance in China and the United States. Public Administration Review (Supplement), S116-S121.
43. Ye, L. (2011a). Demographic transition, developmentalism and social security in China. Social Policy and Administration, 45, 678-693.
44. Ye, L. (2011b). Urban regeneration in China: Policy, development, and issues. Local Economy, 26, 337-347.
45. Ye, L. (2013). Urban transformation and institutional policies: A case study of mega-region development in China's Pearl River Delta. Journal of Urban Planning and Development, 139, 292-300.
46. Ye, L. (2014). State-led metropolitan governance in China: Making integrated city regions. Cities. Retrieved April 4, 2014, from http://dx.doi.org/10.1016/j.cities.2014.03.001
47. Yeh, A. G. O., & Wu, F. (1996). The new land development process and urban development in Chinese cities. International Journal of Urban and Regional Research, 20, 330-353.
48. Yew, C. P. (2012). Pseudo-urbanization? Competitive government behavior and urban sprawl in China. Journal of Contemporary China, 21, 281-298.
49. Yu, X. J., & Ng, C. N. (2007). Spatial and temporal dynamics of urban sprawl along two urban-rural transects: A case study of Guangzhou, China. Landscape and Urban Planning, 79(1), 96-109.
50. Zhang, S., & Li, D. (2010). Financial base of the second housing reform: An analysis of the relationship between local land financing and real estate prices. Public Finance Research, 7, 5-11 (in Chinese).
51. Zhao, P. (2013). Too complex to be managed? New trends in peri-urbanisation and its planning in Beijing. Cities, 30, 68-76.
52. Zhu, J. (2005). A transitional institution for the emerging land market in urban China. Urban Studies, 42, 1369-1390.