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Effects of Land Finance on Resource Misallocation in Chinese Cities during 2003–2017: A Dynamic Panel Econometric Analysis
Joint Authors
Feng, Yanchao
Qu, Yongcuomu
Zhang, Ziqiong
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-03-19
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
Based on the review of previous studies and the analysis of the dynamic changes of misallocation of capital and labour in China during 2003–2017, this study has adopted the Dynamic Panel Econometric Model to investigate the effects of land finance on resource misallocation at national, regional, and urban tier levels.
The results show that resource misallocation has a significant feature of temporal dependence, while the misallocations of capital and labour in China have experienced different dynamic changes during the investigation period.
In addition, land finance has aggravated resource misallocation at the national level, while spatial heterogeneity is established at regional and urban tier levels, which deserves much more attention in further studies.
The conclusions will not only provide a relatively scientific and accurate reference for the effective allocation of production factors but also be conducive to the coordinated and sustainable development of China’s economy in the long run.
American Psychological Association (APA)
Qu, Yongcuomu& Zhang, Ziqiong& Feng, Yanchao. 2020. Effects of Land Finance on Resource Misallocation in Chinese Cities during 2003–2017: A Dynamic Panel Econometric Analysis. Discrete Dynamics in Nature and Society،Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1152896
Modern Language Association (MLA)
Qu, Yongcuomu…[et al.]. Effects of Land Finance on Resource Misallocation in Chinese Cities during 2003–2017: A Dynamic Panel Econometric Analysis. Discrete Dynamics in Nature and Society No. 2020 (2020), pp.1-10.
https://search.emarefa.net/detail/BIM-1152896
American Medical Association (AMA)
Qu, Yongcuomu& Zhang, Ziqiong& Feng, Yanchao. Effects of Land Finance on Resource Misallocation in Chinese Cities during 2003–2017: A Dynamic Panel Econometric Analysis. Discrete Dynamics in Nature and Society. 2020. Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1152896
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1152896