In this study we examine the relationship between land supply and housing price, percentage of land premium in the total government revenue and housing price, with reference to Hong Kong from 1981 to 1994. To do this ...In this study we examine the relationship between land supply and housing price, percentage of land premium in the total government revenue and housing price, with reference to Hong Kong from 1981 to 1994. To do this we employ the Granger causality method to test the underlying hypothesis whether Hong Kong Government adopt high land-price policy. We use the first difference of data to ensure the stationarity in time series with the help of augmented Dick-Fuller unit root test. The results of the paper suggest no strong evidence to support the view that the land control of the government has caused soaringly rising housing prices. The findings also apparently implicate that the government has the revenue-maximizing behavior which is consistent with efficient allocation of resources.展开更多
Intensive land use( ILU) policies affect the demand and supply of land. These policies promote efficient land use, and demands for land must therefore be evaluated in terms of the level of land-use intensity. If the d...Intensive land use( ILU) policies affect the demand and supply of land. These policies promote efficient land use, and demands for land must therefore be evaluated in terms of the level of land-use intensity. If the demand is considered excessive, ILU policies act like a "valve"to restrict the land supply. Drawing on data from Chengdu,China,where developable land is scarce,we construct a model using system dynamics( SD) to simulate two scenarios: ILU development and non-ILU development. The results show that when ILU leads to positive land-use efficiency,land supply will exceed demand,resulting in an appropriate level of real demand for the current population level and GDP. Thus,artificial demand( inflated by investors) is reduced. By contrast,when non-ILU leads to negative land-use efficiency,land demand will exceed supply. In this scenario,artificial demand is higher than real demand.展开更多
The purpose of this study is to analyze the characteristics of the spatial distribution and change trend of the marketing level of stateowned land supply so as to provide policy recommendations. Method of spatial auto...The purpose of this study is to analyze the characteristics of the spatial distribution and change trend of the marketing level of stateowned land supply so as to provide policy recommendations. Method of spatial autocorrelation analysis is employed. The results indicate that the spatial layout of the land supply marketing level is generally dispersed,but it does assemble in some specific area. The correlation between the marketing level of state-owned land supply and the economic development is not statistically significant. But their relations fluctuate obviously. The overall marketing level of state-owned land supply is increasing and spatially concentrated. The expansion rate of marketing has decreased first and then increased and stabilized now. The high-value cluster center of marketing level of state-owned land supply exists all over the country; however the existence probability of the cluster is bigger in undeveloped areas. It is concluded that spatial autocorrelation analysis is a good method to quantitatively analyze the spatial variation of marketing level of state-owned land supply in China. To grasp the spatial and temporal variations of the marketing level of state-owned land supply is also good to enhance running of the state-owned land market.展开更多
In the process of building a harmonious socialist society, the protection of people＇ s livelihood is the priority, and to solve the housing problem of over one billion residents is the top priority. The present thesi...In the process of building a harmonious socialist society, the protection of people＇ s livelihood is the priority, and to solve the housing problem of over one billion residents is the top priority. The present thesis begins with the land supply mechanism, and do researches on the style, the source and the type of land supply. With the analysis of land finance, the present thesis finally put forward the measures to innovate the land supply pattern, to increase the supply of low-income housing, to reform the way of land supply and to explore the circulating pattern of normative collective construction land that comes to is on the market. Meanwhile, it combines the present house property tax reform, putting forward the idea that imposing land property tax should be a way to inhibit the behavior of speculation. The present thesis aims at keeping the housing price at a reasonable level so that the purpose of stabilizing the housing price can he achieved.展开更多
This paper focuses on a series of quantitative an al ysis models, such as grey relational analysis model, hierarchical cluster an alysis model, principal component analysis model, linear regression model and elastic c...This paper focuses on a series of quantitative an al ysis models, such as grey relational analysis model, hierarchical cluster an alysis model, principal component analysis model, linear regression model and elastic coefficient model. These models are used to analyze the comprehensive function and effect of driving forces systemically, including analysis on featur es, analysis for differentiating the primary and the secondary, analysis on comp rehensive effects, analysis of elasticity, analysis of prediction. The primary a nd characteristic factors can be extracted by analysis of features and analysis for differentiating the primary and the secondary. Analysis on prediction an d elasticity can predict the area of cultivated land in the future and find out which factors exert great influence on the cultivated land supply.展开更多
文摘In this study we examine the relationship between land supply and housing price, percentage of land premium in the total government revenue and housing price, with reference to Hong Kong from 1981 to 1994. To do this we employ the Granger causality method to test the underlying hypothesis whether Hong Kong Government adopt high land-price policy. We use the first difference of data to ensure the stationarity in time series with the help of augmented Dick-Fuller unit root test. The results of the paper suggest no strong evidence to support the view that the land control of the government has caused soaringly rising housing prices. The findings also apparently implicate that the government has the revenue-maximizing behavior which is consistent with efficient allocation of resources.
基金Hundred-Talent Program of Ministry of Land and Resources,China
文摘Intensive land use( ILU) policies affect the demand and supply of land. These policies promote efficient land use, and demands for land must therefore be evaluated in terms of the level of land-use intensity. If the demand is considered excessive, ILU policies act like a "valve"to restrict the land supply. Drawing on data from Chengdu,China,where developable land is scarce,we construct a model using system dynamics( SD) to simulate two scenarios: ILU development and non-ILU development. The results show that when ILU leads to positive land-use efficiency,land supply will exceed demand,resulting in an appropriate level of real demand for the current population level and GDP. Thus,artificial demand( inflated by investors) is reduced. By contrast,when non-ILU leads to negative land-use efficiency,land demand will exceed supply. In this scenario,artificial demand is higher than real demand.
基金Supported by Chongqing Key Humanities and Social Sciences Base--Research Center of Rural Economics and Management of Southwest University
文摘The purpose of this study is to analyze the characteristics of the spatial distribution and change trend of the marketing level of stateowned land supply so as to provide policy recommendations. Method of spatial autocorrelation analysis is employed. The results indicate that the spatial layout of the land supply marketing level is generally dispersed,but it does assemble in some specific area. The correlation between the marketing level of state-owned land supply and the economic development is not statistically significant. But their relations fluctuate obviously. The overall marketing level of state-owned land supply is increasing and spatially concentrated. The expansion rate of marketing has decreased first and then increased and stabilized now. The high-value cluster center of marketing level of state-owned land supply exists all over the country; however the existence probability of the cluster is bigger in undeveloped areas. It is concluded that spatial autocorrelation analysis is a good method to quantitatively analyze the spatial variation of marketing level of state-owned land supply in China. To grasp the spatial and temporal variations of the marketing level of state-owned land supply is also good to enhance running of the state-owned land market.
文摘In the process of building a harmonious socialist society, the protection of people＇ s livelihood is the priority, and to solve the housing problem of over one billion residents is the top priority. The present thesis begins with the land supply mechanism, and do researches on the style, the source and the type of land supply. With the analysis of land finance, the present thesis finally put forward the measures to innovate the land supply pattern, to increase the supply of low-income housing, to reform the way of land supply and to explore the circulating pattern of normative collective construction land that comes to is on the market. Meanwhile, it combines the present house property tax reform, putting forward the idea that imposing land property tax should be a way to inhibit the behavior of speculation. The present thesis aims at keeping the housing price at a reasonable level so that the purpose of stabilizing the housing price can he achieved.
文摘This paper focuses on a series of quantitative an al ysis models, such as grey relational analysis model, hierarchical cluster an alysis model, principal component analysis model, linear regression model and elastic coefficient model. These models are used to analyze the comprehensive function and effect of driving forces systemically, including analysis on featur es, analysis for differentiating the primary and the secondary, analysis on comp rehensive effects, analysis of elasticity, analysis of prediction. The primary a nd characteristic factors can be extracted by analysis of features and analysis for differentiating the primary and the secondary. Analysis on prediction an d elasticity can predict the area of cultivated land in the future and find out which factors exert great influence on the cultivated land supply.
