监督制度、市场信息与协议地价-基于杭州市土地储备制度改革的经验

对杭州市1992—2001年城市土地市场中的367宗土地交易资料的分析表明,监督制度和市场信息是影响协议地价与招标、拍卖标底地价的主要因素。在土地市场发育不完善的1992年,标底地价与该宗地相对应的基准地价不存在差异。监督制度的不健全,导致1995年协议地价低于基准地价。监督制度比较完善、土地市场发育比较成熟的1999—2001年,协议地价、标底地价都显著的高于基准地价。

SUPERVISION,MARKET INFORMATION AND STRIKE LAND PRICES:EVIDENCE FROM HANGZHOU URBAN LAND MARKETS

USING DATA OF 367 LAND SALE CASES IN HANGZHOU FROM 1992 TO 2001,THIS PAPER FINDS THAT MARKET SUPERVISION AND INFORMATION DISCLOSURE WERE THE MAIN FACTORS THAT INFLUENCED THE STRIKE LAND PRICES.WHEN THE LAND MARKET WAS JUST BEGINNING IN 1992,THERE WAS NO DIFFERENCE BETWEEN THE BASE PRICE AND THE STRIKE PRICE.HOWEVER,STRIKE PRICES BECAME LOWER THAN THE BASE PRICES IN 1995.WHEN THE LAND MARKET BECAME MATURE WITH A BETTER SUPERVISION SYSTEM AND MORE INFORMA- TION DISCLOSURE SINCE 1999,THE STRIKE PRICES HAVE BEC...