Utilisation Efficiency of Construction Land in China’s Coastal Cities Based on Debt Level
Joint Authors
Wang, Hui
Qiao, Lu
Tian, Chuang
Lin, Qiaoqiao
Source
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-04-17
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
Optimising the allocation of population, land, and capital production resources is crucial for promoting an efficient urbanisation and solving the urban land financial problem.
This study uses a panel threshold model to identify the response boundary of urban construction land use efficiency to government debt level for 51 postfinancial crisis Chinese coastal cities.
The results indicate that the threshold of economic development level and provincial gross domestic product (per capita gross domestic product: pgdp) are 2.67 and 5.17, respectively.
In cities with relatively backward economic development, an expansion of the government debt scale hinders the improvement of the utilisation efficiency of construction land.
Also, the threshold value of the government’s accumulated debt level threshold (sd) is 15.83%.
When cities fall below the government accumulated debt level threshold (sd < 15.83%), the new debt level has a positive effect on the utilisation efficiency of construction land.
When sd > 15.83%, the new debt level impedes the improvement of the utilisation efficiency of construction land.
Local governments should reduce their dependence on land finance in cities with high cumulative debt ratios, especially those with negative responses to both thresholds (pgdp and sd thresholds).
This study’s findings can provide a reference for a sustainable promotion of new urbanisation in both China and in other countries to avoid the risk of land urbanisation.
American Psychological Association (APA)
Wang, Hui& Qiao, Lu& Tian, Chuang& Lin, Qiaoqiao. 2020. Utilisation Efficiency of Construction Land in China’s Coastal Cities Based on Debt Level. Complexity،Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1141234
Modern Language Association (MLA)
Wang, Hui…[et al.]. Utilisation Efficiency of Construction Land in China’s Coastal Cities Based on Debt Level. Complexity No. 2020 (2020), pp.1-10.
https://search.emarefa.net/detail/BIM-1141234
American Medical Association (AMA)
Wang, Hui& Qiao, Lu& Tian, Chuang& Lin, Qiaoqiao. Utilisation Efficiency of Construction Land in China’s Coastal Cities Based on Debt Level. Complexity. 2020. Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1141234
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1141234