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Review of Transferable Development Rights (TDR) - An Innovative Planning Technique: Schemes Difference in and Beyond China

In: Proceedings of the 2023 2nd International Conference on Urban Planning and Regional Economy (UPRE 2023)

Author

Listed:
  • HaoYi Pei

    (Chang’an University, Chang’an Dublin International College)

Abstract

The use of Transferable Development Rights (TDR) has been going on for decades, but the level of application varies among countries. The specific implementation of TDR projects is differentiated towards distinctive development requirements. In an ideal application, TDR is considered a Pareto improvement, but in practice, participants could always suffer interest loss. This paper seeks to conclude common superiorities and inferiorities in general scenario in recent applications as well as compare the difference within and beyond China. The application difference in China is also analyzed under the highly dependent land finance for local government revenue and unique market mechanism. It is expected to inspire some of the current problems encountered in the application of TDR and provide some insights for future improvement.

Suggested Citation

  • HaoYi Pei, 2023. "Review of Transferable Development Rights (TDR) - An Innovative Planning Technique: Schemes Difference in and Beyond China," Advances in Economics, Business and Management Research, in: Reza Lotfi & Chukwunonso Kelvin Oraedu & Ferdous Ahmed (ed.), Proceedings of the 2023 2nd International Conference on Urban Planning and Regional Economy (UPRE 2023), pages 178-185, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-218-7_20
    DOI: 10.2991/978-94-6463-218-7_20
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