The article Land Finance Dependence and Urban Land Marketization in China: The Perspective of Strategic Choice of Local Governments on Land Transfer written by Assistant Professor Sun Yukun and his co-authors has been accepted by Land Use Policy. Land Use Policy is an international interdisciplinary SSCI journal focusing on social, economic, political, legal and planning aspects of land policy, belonging to JCR Q1, with an impact factor of 3.682 in 2019.
The article measures the level of land marketability using microdata on land transfers in China and examines the relationship between the dependence of land finance on land marketability through the use of a spatial lag model. The article found that: 1) land is subject to a spatial aggregation effect; 2) land financial dependence and land marketization are in an "inverted U" shape, but the current stage of economic development and most cities still demonstrate a facilitating effect; 3) land financial dependence has a facilitating effect on different types of land marketization; 4) the impact of land financial dependence on land marketization is spatially and temporally heterogeneous in terms of motivation.
Assistant Professor Sun Yukun is a faculty member of both the School of Public Finance and Taxation and the Institute of Income Distribution and Public Finance. Dr Sun graduated from the Department of Economics at Clemson University, his main research areas include fiscal policy evaluation and fiscal measurement methods.
Link： https://www.sciencedirect.com/science/article/pii/S0264837719324792
