IDEAS home Printed from https://ideas.repec.org/b/elg/eebook/15856.html
   My bibliography  Save this book

Property Rights, Land Values and Urban Development

Author

Listed:
  • Li Tian

Abstract

This book presents an analysis of betterment and compensation issues under the Land Use Rights (LURs) System in China since 1988. The topic originates from the observation of widening inequity and increasing uncertainty associated with the failure of government to adequately address betterment and compensation issues. An analytical framework of institutions and property rights is employed to examine socio-economic impacts under the LURs system, in particular, the role of the state is analyzed to explore the effects of government intervention in land markets.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Li Tian, 2014. "Property Rights, Land Values and Urban Development," Books, Edward Elgar Publishing, number 15856, March.
    • Handle: RePEc:elg:eebook:15856
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781783476398.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yingyi Qian, 2000. "The Process of China's Market Transition (1978-1998): The Evolutionary, Historical, and Comparative Perspectives," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(1), pages 151-151, March.
    2. Sun Sheng Han & Yong Wang, 2003. "The Institutional Structure of a Property Market in Inland China: Chongqing," Urban Studies, Urban Studies Journal Limited, vol. 40(1), pages 91-112, January.
    3. Fred E. Foldvary, 2005. "Geo-Rent: A Plea to Public Economists," Econ Journal Watch, Econ Journal Watch, vol. 2(1), pages 106-132, April.
    4. Douglass C. North, 1990. "A Transaction Cost Theory of Politics," Journal of Theoretical Politics, , vol. 2(4), pages 355-367, October.
    5. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    6. Yingyi Qian & Barry R. Weingast, 1997. "Federalism as a Commitment to Reserving Market Incentives," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 83-92, Fall.
    7. Olympia Bover & Pilar Velilla, 2001. "Hedonic house prices without characteristics: the case of new multiunit housing," Estudios Económicos, Banco de España, number 73.
    8. Scully, Gerald W, 1988. "The Institutional Framework and Economic Development," Journal of Political Economy, University of Chicago Press, vol. 96(3), pages 652-662, June.
    9. Alan W. Evans, 1999. "On Minimum Rents: Part 1, Marx and Absolute Rent," Urban Studies, Urban Studies Journal Limited, vol. 36(12), pages 2111-2120, November.
    10. Barzel,Yoram, 1997. "Economic Analysis of Property Rights," Cambridge Books, Cambridge University Press, number 9780521597135, February.
    11. R. Carter Hill & J. R. Knight & C. F. Sirmans, 1997. "Estimating Capital Asset Price Indexes," The Review of Economics and Statistics, MIT Press, vol. 79(2), pages 226-233, May.
    12. Malthus, Thomas Robert, 1798. "An Essay on the Principle of Population," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number malthus1798.
    13. Jieming Zhu, 2002. "Urban Development under Ambiguous Property Rights: A Case of China’s Transition Economy," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 26(1), pages 41-57, March.
    14. Yu-Hung Hong, 1998. "Transaction Costs of Allocating Increased Land Value Under Public Leasehold Systems: Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 35(9), pages 1577-1595, August.
    15. Li Tian, 2008. "The Chengzhongcun Land Market in China: Boon or Bane? — A Perspective on Property Rights," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(2), pages 282-304, June.
    16. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64(5), pages 416-416.
    17. L. Zhang & Simon X. B. Zhao & J. P. Tian, 2003. "Self‐help in housing and chengzhongcun in China's urbanization," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 27(4), pages 912-937, December.
    18. Qingshu Xie & A.R. Ghanbari Parsa & Barry Redding, 2002. "The Emergence of the Urban Land Market in China: Evolution, Structure, Constraints and Perspectives," Urban Studies, Urban Studies Journal Limited, vol. 39(8), pages 1375-1398, July.
    19. Fulong Wu, 2002. "China's Changing Urban Governance in the Transition Towards a More Market-oriented Economy," Urban Studies, Urban Studies Journal Limited, vol. 39(7), pages 1071-1093, June.
    20. David D. Li, 1996. "A Theory of Ambiguous Property Rights in Transition Economies: The Case of the Chinese Non-State Sector," William Davidson Institute Working Papers Series 8, William Davidson Institute at the University of Michigan.
    21. Jieming Zhu, 1999. "Local Growth Coalition: The Context and Implications of China’s Gradualist Urban Land Reforms," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 23(3), pages 534-548, September.
    22. Sun Sheng Han, 2000. "Shanghai between State and Market in Urban Transformation," Urban Studies, Urban Studies Journal Limited, vol. 37(11), pages 2091-2112, October.
    23. Alan W. Evans, 1983. "The Determination of the Price of Land," Urban Studies, Urban Studies Journal Limited, vol. 20(2), pages 119-129, May.
    24. Bertaud, Alain & Renaud, Bertrand, 1997. "Socialist Cities without Land Markets," Journal of Urban Economics, Elsevier, vol. 41(1), pages 137-151, January.
    25. Quigley, John M., 2007. "Regulation and Property Values in the United States: The High Cost of Monopoly," Berkeley Program on Housing and Urban Policy, Working Paper Series qt5692w323, Berkeley Program on Housing and Urban Policy.
    26. Anne Haila, 2007. "The Market as the New Emperor," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 31(1), pages 3-20, March.
    27. Locke, John, 1690. "Two Treatises of Government," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number locke1690a.
    28. Jieming Zhu, 2005. "A Transitional Institution for the Emerging Land Market in Urban China," Urban Studies, Urban Studies Journal Limited, vol. 42(8), pages 1369-1390, July.
    29. Xiangzheng Deng & Jikun Huang & Scott Rozelle & Emi Uchida, 2010. "Economic Growth and the Expansion of Urban Land in China," Urban Studies, Urban Studies Journal Limited, vol. 47(4), pages 813-843, April.
    30. Weiping Wu, 1999. "Reforming China's Institutional Environment for Urban Infrastructure Provision," Urban Studies, Urban Studies Journal Limited, vol. 36(13), pages 2263-2282, December.
    31. Li, David D., 1996. "A Theory of Ambiguous Property Rights in Transition Economies: The Case of the Chinese Non-State Sector," Journal of Comparative Economics, Elsevier, vol. 23(1), pages 1-19, August.
    32. Furubotn, Eirik G & Pejovich, Svetozar, 1972. "Property Rights and Economic Theory: A Survey of Recent Literature," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1137-1162, December.
    33. Jieming Zhu, 2004. "Local developmental state and order in China's urban development during transition," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 28(2), pages 424-447, June.
    34. Bo-sin Tang & Lennon H. T. Choy & Joshua K. F. Wat, 2000. "Certainty and Discretion in Planning Control: A Case Study of Office Development in Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 37(13), pages 2465-2483, December.
    35. Dean H. Gatzlaff & Marc T. Smith, 1993. "The Impact of the Miami Metrorail on the Value of Residences near Station Locations," Land Economics, University of Wisconsin Press, vol. 69(1), pages 54-66.
    36. Feder, Gershon & Feeny, David, 1991. "Land Tenure and Property Rights: Theory and Implications for Development Policy," The World Bank Economic Review, World Bank, vol. 5(1), pages 135-153, January.
    37. Eggertsson,Thrainn, 1990. "Economic Behavior and Institutions," Cambridge Books, Cambridge University Press, number 9780521348911, January.
    38. Jieming Zhu, 2004. "From Land Use Right to Land Development Right: Institutional Change in China's Urban Development," Urban Studies, Urban Studies Journal Limited, vol. 41(7), pages 1249-1267, June.
    39. Jieming Zhu, 1994. "Changing Land Policy and its Impact on Local Growth: The Experience of the Shenzhen Special Economic Zone, China, in the 1980s," Urban Studies, Urban Studies Journal Limited, vol. 31(10), pages 1611-1623, December.
    40. Shunfeng Song & George S.‐F. Chu & Rongqing Cao, 1999. "Real Estate Tax In Urban China," Contemporary Economic Policy, Western Economic Association International, vol. 17(4), pages 540-551, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yong Liu & Wenze Yue & Peilei Fan & Yi Peng & Zhengtao Zhang, 2016. "Financing China's Suburbanization: Capital Accumulation through Suburban Land Development in Hangzhou," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 40(6), pages 1112-1133, November.
    2. Qirui Li, 2020. "Resilience Thinking as a System Approach to Promote China’s Sustainability Transitions," Sustainability, MDPI, vol. 12(12), pages 1-27, June.
    3. Li Tian & Xu Guo & Wei Yin, 2017. "From urban sprawl to land consolidation in suburban Shanghai under the backdrop of increasing versus decreasing balance policy: A perspective of property rights transfer," Urban Studies, Urban Studies Journal Limited, vol. 54(4), pages 878-896, March.
    4. Wubneh, Mulatu, 2018. "Policies and praxis of land acquisition, use, and development in Ethiopia," Land Use Policy, Elsevier, vol. 73(C), pages 170-183.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Li Tian, 2008. "The Chengzhongcun Land Market in China: Boon or Bane? — A Perspective on Property Rights," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(2), pages 282-304, June.
    2. Jiang Xu & Anthony Yeh & Fulong Wu, 2009. "Land Commodification: New Land Development and Politics in China since the Late 1990s," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 33(4), pages 890-913, December.
    3. Harris,Colin & Cai,Meina & Murtazashvili,Ilia & Murtazashvili,Jennifer Brick, 2020. "The Origins and Consequences of Property Rights," Cambridge Books, Cambridge University Press, number 9781108969055, January.
    4. Yiming Wang & Jie Chen, 2021. "Privatizing the Urban Commons Under Ambiguous Property Rights in China: Is Marketization a Remedy to the Tragedy of the Commons?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 80(2), pages 503-547, March.
    5. Dinghuan Yuan & Yung Yau & Haijun Bao & Yongshen Liu & Ting Liu, 2019. "Anatomizing the Institutional Arrangements of Urban Village Redevelopment: Case Studies in Guangzhou, China," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    6. Fulong Wu, 2009. "Land Development, Inequality and Urban Villages in China," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 33(4), pages 885-889, December.
    7. Yingyi Qian, 1999. "The Institutional Foundations of China's Market Transition," Working Papers 99011, Stanford University, Department of Economics.
    8. Philippe Dulbecco & Marie-Françoise Renard, 2003. "Permanency and Flexibility of Institutions: The Role of Decentralization in Chinese Economic Reforms," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 16(4), pages 327-346, December.
    9. Eddie Chi Man Hui & Ka Hung Yu & Yinchuan Ye, 2014. "Housing Preferences of Temporary Migrants in Urban China in the wake of Gradual Hukou Reform: A Case Study of Shenzhen," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 38(4), pages 1384-1398, July.
    10. Jiang Xu & Anthony Yeh, 2009. "Decoding Urban Land Governance: State Reconstruction in Contemporary Chinese Cities," Urban Studies, Urban Studies Journal Limited, vol. 46(3), pages 559-581, March.
    11. Yuan, Quan & Zhu, Jiren, 2019. "Logistics sprawl in Chinese metropolises: Evidence from Wuhan," Journal of Transport Geography, Elsevier, vol. 74(C), pages 242-252.
    12. Lawrence Lai & Frank Lorne, 2014. "Ambiguous Property Rights: A Taxonomic and Exploratory Account of Post-colonial Rural Housing in Chinese Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 51(10), pages 2052-2067, August.
    13. Chenggang Xu, 2011. "The Fundamental Institutions of China's Reforms and Development," Journal of Economic Literature, American Economic Association, vol. 49(4), pages 1076-1151, December.
    14. Caballero-Miguez, Gonzalo & Fernández-González, Raquel, 2015. "Institutional analysis, allocation of liabilities and third-party enforcement via courts: The case of the Prestige oil spill," Marine Policy, Elsevier, vol. 55(C), pages 90-101.
    15. Ceyhun Haydaroglu, 2015. "The Relationship between Property Rights and Economic Growth: an Analysis of OECD and EU Countries," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 4, pages 217-239, December.
    16. Lin, Wanlin & Lin, George C.S., 2023. "Strategizing actors and agents in the functioning of informal property Rights: The tragicomedy of the extralegal housing market in China," World Development, Elsevier, vol. 161(C).
    17. Park, Albert & Shen, Minggao, 2003. "Joint liability lending and the rise and fall of China's township and village enterprises," Journal of Development Economics, Elsevier, vol. 71(2), pages 497-531, August.
    18. Ya Ping Wang & Yanglin Wang & Jiansheng Wu, 2009. "Urbanization and Informal Development in China: Urban Villages in Shenzhen," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 33(4), pages 957-973, December.
    19. Stefano Moroni, 2014. "Towards a general theory of contractual communities: neither necessarily gated, nor a form of privatization," Chapters, in: David Emanuel Andersson & Stefano Moroni (ed.), Cities and Private Planning, chapter 3, pages 38-65, Edward Elgar Publishing.
    20. Deininger, Klaus & Jin, Songqing, 2009. "Securing property rights in transition: Lessons from implementation of China's rural land contracting law," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 22-38, May.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eebook:15856. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.