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Helping hand or grabbing hand: The impact of land finance on the green economic development in China

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  • Zhou, Yicheng
  • Lin, Boqiang

Abstract

Using the panel data of 30 provinces in China from 2003 to 2019, this paper investigates the impact of land finance (LF) on green economic development (GED) and its spatial effects. It is found that LF significantly reduces GED in China, especially in the midwestern and before 2012. Moreover, the spatial effect analysis shows that LF not only inhibits GED in the local area, but also has a significant negative effect on GED in neighboring areas. In short, reducing land financial dependence is conducive to green development.

Suggested Citation

  • Zhou, Yicheng & Lin, Boqiang, 2025. "Helping hand or grabbing hand: The impact of land finance on the green economic development in China," Finance Research Letters, Elsevier, vol. 71(C).
    • Handle: RePEc:eee:finlet:v:71:y:2025:i:c:s1544612324015009
    DOI: 10.1016/j.frl.2024.106471
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    References listed on IDEAS

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