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The effects of regulations on land transactions: The case of Korea

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  • Ho Yeon Kim

Abstract

This paper examines the relationship between government regulations and land transactions using Korean data for 1994. The results indicate that a heavy burden put on land ownership does not affect the frequency and amount of land transacted, nor does it accelerate the urbanization process. However, regulations of the sale and acquisition of land are important influences on the decisions of market players.

Suggested Citation

  • Ho Yeon Kim, 2001. "The effects of regulations on land transactions: The case of Korea," Applied Economics Letters, Taylor & Francis Journals, vol. 8(8), pages 551-553.
    • Handle: RePEc:taf:apeclt:v:8:y:2001:i:8:p:551-553
    DOI: 10.1080/13504850010014477
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    References listed on IDEAS

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    1. Jin S. Lee, 1997. "An Ordo-liberal Perspective on Land Problems in Korea," Urban Studies, Urban Studies Journal Limited, vol. 34(7), pages 1071-1084, June.
    2. Sinn, Hans-Werner, 1986. "Vacant land and the role of government intervention," Regional Science and Urban Economics, Elsevier, vol. 16(3), pages 353-357, August.
    3. Yamazaki, Fukuju & Idee, Takako, 1997. "An Estimation of the Lock-In Effect of Capital Gains Taxation," Journal of the Japanese and International Economies, Elsevier, vol. 11(1), pages 82-104, March.
    4. Kanemoto, Yoshitsugu, 1996. "On the "Lock-In" Effects of Capital Gains Taxation," Journal of Urban Economics, Elsevier, vol. 40(3), pages 303-315, November.
    5. Yamazaki, Fukuju, 1996. "The Lock-In Effect of Capital Gains Taxation on Land Use," Journal of Urban Economics, Elsevier, vol. 39(2), pages 216-228, March.
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