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Polycentric development under public leasehold: A spatial analysis of commercial land use rights

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  • Murakami, Jin
  • Chang, Zheng

Abstract

This study inspects the urban spatial structure of growing megacities on a polycentric or edgeless development pathway under public leasehold systems using transaction data on commercial land use rights within the Shanghai metropolitan area for 2004–2016. Both zone-level supply and parcel-level demand equations are estimated to address whether the spatial distribution and price formation of commercial land use rights are associated with: (1) existing district centers and/or new employment subcenters; (2) highway and/or metro extensions; and (3) two suburban airports. Three sets of empirical findings describe how the transfers of commercial land use rights from local governments to property developers significantly predetermine the long-term trajectory of polycentric or edgeless development in emerging economies under public leasehold systems.

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  • Murakami, Jin & Chang, Zheng, 2018. "Polycentric development under public leasehold: A spatial analysis of commercial land use rights," Regional Science and Urban Economics, Elsevier, vol. 71(C), pages 25-36.
    • Handle: RePEc:eee:regeco:v:71:y:2018:i:c:p:25-36
    DOI: 10.1016/j.regsciurbeco.2018.05.001
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    2. Hui Wang & Feng Yuan & Yehua Dennis Wei & Wen Chen & Lei Wang, 2021. "Understanding spatial and compositional dynamics of employment centers in urban China: Empirical evidence from Nanjing," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2635-2661, December.
    3. Zheng Chang & Mi Diao, 2022. "Inter-city transport infrastructure and intra-city housing markets: Estimating the redistribution effect of high-speed rail in Shenzhen, China," Urban Studies, Urban Studies Journal Limited, vol. 59(4), pages 870-889, March.
    4. Chang, Zheng & Zheng, Longfei & Yang, Tianren & Long, Fenjie, 2022. "High-speed rail, new town development, and the spatial mismatch of land leases in China," Land Use Policy, Elsevier, vol. 115(C).
    5. Zheng, Longfei & Chang, Zheng & Martinez, Andrea González, 2022. "High-speed rail, market access, and the rise of consumer cities: Evidence from China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 454-470.
    6. Tianren Yang & Ying Jin & Longxu Yan & Pei Pei, 2019. "Aspirations and realities of polycentric development: Insights from multi-source data into the emerging urban form of Shanghai," Environment and Planning B, , vol. 46(7), pages 1264-1280, September.
    7. Cheng, Jing, 2022. "Analysis of the factors influencing industrial land leasing in Beijing of China based on the district-level data," Land Use Policy, Elsevier, vol. 122(C).
    8. Panagiotis NIKOLOPOULOS & Andreas GKOUZOS & Athanasios PAPADASKALOPOULOS, 2018. "Morphological Polycentricity In Southern Europe: Evidence At The National Level," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 13(4), pages 73-93, November.
    9. Zheng, Longfei & Long, Fenjie & Chang, Zheng & Ye, Jingsong, 2019. "Ghost town or city of hope? The spatial spillover effects of high-speed railway stations in China," Transport Policy, Elsevier, vol. 81(C), pages 230-241.
    10. Eric J. Heikkila & Ying Xu, 2022. "Polycentric Urbanization and Sustainable Development in China," Global Policy, London School of Economics and Political Science, vol. 13(S1), pages 69-78, April.

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    More about this item

    Keywords

    Urban spatial structure; Polycentric development; Employment subcenter; Public leasehold; Land use rights;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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