| Local ＂Land Finance＂ in China＇s Urban Expansion： Challenges and Solutions |
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| 作者姓名： | Changchun Feng ;Changchun Feng ;Ran Tao |
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| 作者单位： | [1]Associate Professor, College of Urban and Environmental Sciences, Peking University, Beijing, China; [2]Professor, College of Urban and Environmental Sciences, Peking University, Beijing, China; [3]Associate Professor, Center for Chinese Agricultural Policy, Chinese Academy of Sciences, Beijing, China |
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| 基金项目： | We would like to recognize the Chinese Ministry of Science and Technology Key Technologies R＆D Program （2006BAJ11B06）, the China National Science Foundation （70633002）, and the Lincoln Institute for Land Policy for financial support. |
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| 摘 要： | This paper considers the issue of local ＂land finance＇＂ in the context of China ＂s fast urban expansion. In an analysis of China ＂s land requisition and public leasing system we argue that low-cost land acquisition is the fundamental cause of land-related distortions that have occurred during China ＂s urbanization. Granting farmers the power to negotiate directly with land users during urban expansion, combined with coordinated land tax reforms to consolidate local tax bases is the key to China achieving both equity and land use efficiency in urban expansion.
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| 关 键 词： | 中国 陆地经济 城市扩张 公共系统 |
Local "Land Finance" in China's Urban Expansion: Challenges and Solutions |
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| Changchun Feng,;Changchun Feng,;Ran Tao.Local "Land Finance" in China's Urban Expansion: Challenges and Solutions[J].China & World Economy,2008,16(2):19-30. |
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| Authors: | Changchun Feng Changchun Feng Ran Tao |
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| Institution: | Associate Professor, College of Urban and Environmental Sciences, Peking University, Beijing, China. Email:;;Professor, College of Urban and Environmental Sciences, Peking University, Beijing, China. E-mail: . |
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| Abstract: | This paper considers the issue of local “land finance” in the context of China's fast urban expansion. In an analysis of China s land requisition and public leasing system we argue that low‐cost land acquisition is the fundamental cause of land‐related distortions that have occurred during China s urbanization. Granting farmers the power to negotiate directly with land users during urban expansion, combined with coordinated land tax reforms to consolidate local tax bases is the key to China achieving both equity and land use efficiency in urban expansion. |
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| Keywords: | land requisition public leasing system urban expansion |
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