IDEAS home Printed from https://ideas.repec.org/a/bla/chinae/v17y2009i1p66-82.html
   My bibliography  Save this article

Trading Land Development Rights under a Planned Land Use System: The “Zhejiang Model”

Author

Listed:
  • Hui Wang
  • Ran Tao
  • Juer Tong

Abstract

China's state planned land use system, including regulations such as setting planned quotas for land use, basic cropland preservation, and pursuing a balance between the conversion of arable land into non‐agricultural use and the supplement of new agricultural land, has substantially constrained the economic growth of industrial provinces in China. This article explores the innovative reforms adopted by Zhejiang Province through land development rights (LDR) transfer within a locality and LDR trading across localities. We argue that there is a “Zhejiang model of LDR transferring and trading,” which, we believe, has significant implications not only for fostering an efficiency‐enhancing market for land development rights and agricultural land preservation, but also for optimal use of land and a more balanced regional development. One important policy issue relating to China's rural land system is that under China's land requisition system, farmers are usually under compensated for urban land‐taking.

Suggested Citation

  • Hui Wang & Ran Tao & Juer Tong, 2009. "Trading Land Development Rights under a Planned Land Use System: The “Zhejiang Model”," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 17(1), pages 66-82, January.
    • Handle: RePEc:bla:chinae:v:17:y:2009:i:1:p:66-82
    DOI: 10.1111/j.1749-124X.2009.01131.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1749-124X.2009.01131.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1749-124X.2009.01131.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Helfand, Gloria E. & Berck, Peter & Maull, Tim, 2003. "The theory of pollution policy," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 6, pages 249-303, Elsevier.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Chichilnisky, Graciela & Heal, Geoffrey, 1995. "Markets with tradable CO2 emission quotas: principles and practice," MPRA Paper 8486, University Library of Munich, Germany.
    4. Nicholas Stern, 2008. "The Economics of Climate Change," American Economic Review, American Economic Association, vol. 98(2), pages 1-37, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chen, Chun & Yu, Li & Choguill, Charles L., 2020. "“Dipiao”, Chinese approach to transfer of land development rights: The experiences of Chongqing," Land Use Policy, Elsevier, vol. 99(C).
    2. Tan, Rong & Xiong, Changsheng & Kimmich, Christian, 2023. "An agent-situation-based model for networked action situations: Cap-and-trade land policies in China," Land Use Policy, Elsevier, vol. 131(C).
    3. Chen Shi & Zhou Zhang, 2021. "Institutional Diversity of Transferring Land Development Rights in China—Cases from Zhejiang, Hubei, and Sichuan," Sustainability, MDPI, vol. 13(23), pages 1-16, December.
    4. Zhou, Yan & Huang, Xianjin & Zhong, Taiyang & Chen, Yi & Yang, Hong & Chen, Zhigang & Xu, Guoliang & Niu, Lede & Li, Hehui, 2020. "Can annual land use plan control and regulate construction land growth in China?," Land Use Policy, Elsevier, vol. 99(C).
    5. Wen, Lan-jiao & Butsic, Van & Stapp, Jared R. & Zhang, An-lu, 2020. "What happens to land price when a rural construction land market legally opens in China? A spatiotemporal analysis of Nanhai district from 2010 to 2015," China Economic Review, Elsevier, vol. 62(C).
    6. Han, Wenjing & Zhang, Xiaoling & Zheng, Xian, 2020. "Land use regulation and urban land value: Evidence from China," Land Use Policy, Elsevier, vol. 92(C).
    7. Han Wang & Yujie Jin & Xingming Hong & Fuan Tian & Jianxian Wu & Xin Nie, 2022. "Integrating IPAT and CLUMondo Models to Assess the Impact of Carbon Peak on Land Use," Land, MDPI, vol. 11(4), pages 1-16, April.
    8. Chen, Huirong, 2022. "Linking institutional function with form: Distributional dynamics, disequilibrium, and rural land shareholding in China," Land Use Policy, Elsevier, vol. 120(C).
    9. Cao, Rui-fen & Zhang, An-lu & Cai, Yin-ying & Xie, Xiang-xiang, 2020. "How imbalanced land development affects local fiscal condition? A case study of Hubei Province, China," Land Use Policy, Elsevier, vol. 99(C).
    10. Proeger, Till & Meub, Lukas & Bizer, Kilian, 2017. "The role of communication on an experimental market for tradable development rights," Land Use Policy, Elsevier, vol. 68(C), pages 614-624.
    11. Wen, Lanjiao & Chatalova, Lioudmila & Butsic, Van & Hu, Fox ZhiYong & Zhang, Anlu, 2020. "Capitalization of land development rights in rural China: A choice experiment on individuals’ preferences in peri-urban Shanghai," Land Use Policy, Elsevier, vol. 97(C).
    12. Till Proeger & Lukas Meub & Kilian Bizer, 2018. "Laboratory Experiments of Tradable Development Rights: A Synthesis of Different Treatments," Sustainability, MDPI, vol. 10(6), pages 1-19, June.
    13. Feng, Lihua & Zhang, Jianzhen, 2014. "Application of artificial neural networks in tendency forecasting of economic growth," Economic Modelling, Elsevier, vol. 40(C), pages 76-80.
    14. Yaya Jin & Bangbang Zhang & Hanbing Zhang & Li Tan & Jialin Ma, 2022. "The Scale and Revenue of the Land-Use Balance Quota in Zhejiang Province: Based on the Inverted U-Shaped Curve," Land, MDPI, vol. 11(10), pages 1-17, October.
    15. Nancy H. Chau & Weiwen Zhang, 2011. "Harnessing the Forces of Urban Expansion: The Public Economics of Farmland Development Allowances," Land Economics, University of Wisconsin Press, vol. 87(3), pages 488-507.
    16. Junfeng Zhang & Anlu Zhang & Min Song, 2020. "Ecological Benefit Spillover and Ecological Financial Transfer of Cultivated Land Protection in River Basins: A Case Study of the Yangtze River Economic Belt, China," Sustainability, MDPI, vol. 12(17), pages 1-20, August.
    17. Gao, Wenwen & de Vries, Walter Timo & Zhao, Qianyu, 2021. "Understanding rural resettlement paths under the increasing versus decreasing balance land use policy in China," Land Use Policy, Elsevier, vol. 103(C).
    18. Zhou, Tianxiao & Tan, Rong & Shu, Xianfan, 2022. "Rigidity with partial elasticity: Local government adaptation under the centralized land quota system in China," Land Use Policy, Elsevier, vol. 118(C).
    19. Wang, Han & Lu, Siying & Lu, Bo & Nie, Xin, 2021. "Overt and covert: The relationship between the transfer of land development rights and carbon emissions," Land Use Policy, Elsevier, vol. 108(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bård Harstad, 2012. "Buy Coal! A Case for Supply-Side Environmental Policy," Journal of Political Economy, University of Chicago Press, vol. 120(1), pages 77-115.
    2. Steven Shavell, 2010. "The Corrective Tax versus Liability As Solutions to the Problem of Harmful Externalities," NBER Working Papers 16235, National Bureau of Economic Research, Inc.
    3. Harstad, Bård, 2016. "The market for conservation and other hostages," Journal of Economic Theory, Elsevier, vol. 166(C), pages 124-151.
    4. Joseph T. Mahoney & Anita M. McGahan & Christos N. Pitelis, 2009. "Perspective ---The Interdependence of Private and Public Interests," Organization Science, INFORMS, vol. 20(6), pages 1034-1052, December.
    5. Remig, Moritz C., 2017. "Structured pluralism in ecological economics — A reply to Peter Söderbaum's commentary," Ecological Economics, Elsevier, vol. 131(C), pages 533-537.
    6. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    7. Pan, Xunzhang & Teng, Fei & Ha, Yuejiao & Wang, Gehua, 2014. "Equitable Access to Sustainable Development: Based on the comparative study of carbon emission rights allocation schemes," Applied Energy, Elsevier, vol. 130(C), pages 632-640.
    8. Lawrence Rothenberg, 2012. "The Political Economy of Climate Change," Chapters, in: Chin Hee Hahn & Sang-Hyop Lee & Kyoung-Soo Yoon (ed.), Responding to Climate Change, chapter 5, Edward Elgar Publishing.
    9. Nantongo, Mary & Vatn, Arild, 2019. "Estimating Transaction Costs of REDD+," Ecological Economics, Elsevier, vol. 156(C), pages 1-11.
    10. -, 2010. "The economics of climate change in Central America: summary 2010," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 35229, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Zhang, Cheng & Wang, Qunwei & Shi, Dan & Li, Pengfei & Cai, Wanhuan, 2016. "Scenario-based potential effects of carbon trading in China: An integrated approach," Applied Energy, Elsevier, vol. 182(C), pages 177-190.
    12. Stef Proost, 2011. "Theory of External Costs," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 14, Edward Elgar Publishing.
    13. Skoufa, Lucas & Tamaschke, Rick, 2011. "Carbon prices, institutions, technology and electricity generation firms in two Australian states," Energy Policy, Elsevier, vol. 39(5), pages 2606-2614, May.
    14. Yang, Lisha & Li, Yutianhao & Liu, Hongxun, 2021. "Did carbon trade improve green production performance? Evidence from China," Energy Economics, Elsevier, vol. 96(C).
    15. Itkonen, Juha, 2009. "Päästökauppajärjestelmien linkittämisen ilmastopoliittiset vaikutukset [Linking emissions trading systems and climate policy]," MPRA Paper 30171, University Library of Munich, Germany.
    16. Steven Shavell, 2011. "Corrective Taxation versus Liability as a Solution to the Problem of Harmful Externalities," Journal of Law and Economics, University of Chicago Press, vol. 54(S4), pages 249-266.
    17. Persson, Torsten & Tabellini, Guido, 2002. "Political economics and public finance," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659, Elsevier.
    18. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    19. Qiuyue Xia & Lu Li & Jie Dong & Bin Zhang, 2021. "Reduction Effect and Mechanism Analysis of Carbon Trading Policy on Carbon Emissions from Land Use," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
    20. Frans P. Vries & Nick Hanley, 2016. "Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 687-702, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:chinae:v:17:y:2009:i:1:p:66-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iwepacn.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.