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Does Political Connection in China Influence Urban Land Supply?

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  • Haoxuan Zou

Abstract

This paper examines how the secretary of the prefecture-level municipal party committee affects land supply in Chinese cities. We found that the traditional urban economics framework also applies to China. Specifically, population and gross domestic product (GDP) are highly correlated with land supply. On this basis, we found that the secretary of the municipal party committee, who has worked at the provincial government level, significantly affects the land supply at the municipal level.  JEL classification numbers: O18, P25, P26.Keywords: Land supply, political factors, people’s Republic of China.

Suggested Citation

  • Haoxuan Zou, 2020. "Does Political Connection in China Influence Urban Land Supply?," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 10(3), pages 1-8.
    • Handle: RePEc:spt:apfiba:v:10:y:2020:i:3:f:10_3_8
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    References listed on IDEAS

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    1. Wu, Jing & Gyourko, Joseph & Deng, Yongheng, 2016. "Evaluating the risk of Chinese housing markets: What we know and what we need to know," China Economic Review, Elsevier, vol. 39(C), pages 91-114.
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    3. Du, Jinfeng & Peiser, Richard B., 2014. "Land supply, pricing and local governments' land hoarding in China," Regional Science and Urban Economics, Elsevier, vol. 48(C), pages 180-189.
    4. Wu, Guiying Laura & Feng, Qu & Li, Pei, 2015. "Does local governments’ budget deficit push up housing prices in China?," China Economic Review, Elsevier, vol. 35(C), pages 183-196.
    5. Richard J. Arnott & Joseph E. Stiglitz, 1979. "Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(4), pages 471-500.
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    Cited by:

    1. Peng, Qiuping & Zhou, Huaikang, 2024. "Chinese land complex: Hometown ties and corporate land acquisition," Land Use Policy, Elsevier, vol. 138(C).

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    More about this item

    Keywords

    land supply; political factors; people’s republic of china.;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights

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