【简报】天美制作果冻视频系列学术研讨会(177)
2016-05-10 00:00:00
2016年4月20日，来自西南财经大学的Jipeng Zhang教授在汇丰大楼331教室带
来一场题为“Government Intervention, Land Market, and Urban Development: Evidence from Chinese Cities”的学术研讨会。
Abstract:
This paper investigates how government intervention in land market affects China's urban development, using data from prefecture-level cities between 2000 and 2010. We find that government intervention enlarges the impact of positive productivity shocks on housing price appreciation, through mainly the government control over residential land supply. However, we find no significant evidences that high government intervention constrains population growth and leads to wage increase. Such patterns of urban dynamics can be explained by the fact that migrant workers are the driving force behind China's urbanization, but they have limited housing demand and are not well compensated.
来一场题为“Government Intervention, Land Market, and Urban Development: Evidence from Chinese Cities”的学术研讨会。
Abstract:
This paper investigates how government intervention in land market affects China's urban development, using data from prefecture-level cities between 2000 and 2010. We find that government intervention enlarges the impact of positive productivity shocks on housing price appreciation, through mainly the government control over residential land supply. However, we find no significant evidences that high government intervention constrains population growth and leads to wage increase. Such patterns of urban dynamics can be explained by the fact that migrant workers are the driving force behind China's urbanization, but they have limited housing demand and are not well compensated.
