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State-owned enterprises and industrial land reform in China

Author

Listed:
  • Lin Zhang

    (Dalian University of Technology)

  • N. Edward Coulson

    (UC Irvine)

  • Yuan Liu

    (Dalian University of Technology)

  • Yiting Zhao

    (Dalian University of Technology)

Abstract

In order to promote the optimal allocation of land, China began market-oriented reform of industrial land in 2007. The actions of state-owned enterprises during this reform can reflect the effect of reform. Therefore, this research takes state-owned enterprises as the core object of research, and uses industrial enterprise land purchase data to carry out research from the perspective of land purchase opportunity and purchase price. The results show that: the advantage of state-owned enterprises to purchase high-quality land parcels has been weakened, and a more market-oriented land market has been gradually established. As for land purchase price, the advantage of state-owned enterprises to purchase land at a low price has been gradually weakened. The distortion of industrial land price has been mitigated. These findings show that market-oriented reform of China is effective. State-owned enterprises have gradually integrated into the environment of market-oriented allocation of industrial land. The allocation of land has become more open and efficient.

Suggested Citation

  • Lin Zhang & N. Edward Coulson & Yuan Liu & Yiting Zhao, 2024. "State-owned enterprises and industrial land reform in China," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 72(1), pages 255-286, January.
    • Handle: RePEc:spr:anresc:v:72:y:2024:i:1:d:10.1007_s00168-022-01197-9
    DOI: 10.1007/s00168-022-01197-9
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    More about this item

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns

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