How Land Transactions Affect Carbon Emissions: Evidence from China

Longji Zeng, Yuandi Wang and Yajuan Deng
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Longji Zeng: School of Business, Sichuan University, Chengdu 610064, China
Yuandi Wang: School of Business, Sichuan University, Chengdu 610064, China
Yajuan Deng: School of Business, Sichuan University, Chengdu 610064, China

Land, 2022, vol. 11, issue 5, 1-25

Abstract: Land use change has become the second-largest source of greenhouse gas emissions after fossil energy combustion. In the context of developing a low-carbon economy, it is important to study how to achieve energy savings and emission reduction by adjusting land prices, and transforming land trading methods and land use types. Utilizing a balanced panel dataset about 291 sample cities in China, during the period of 2010–2016, this paper divided land transactions into three dimensions: land transaction price, land transaction modes, and land transfer structure; then employed a fixed-effect model to investigate the relationship between land transactions and carbon emissions. On top of this, we further analyzed the moderating role of economic development level and emission reduction policy. This study found that land transaction price can significantly inhibit carbon emissions; the amount of land sold by auction and listing has a stronger inhibitory effect on carbon emissions than by bidding; the higher the transfer proportion of industrial land, the higher the carbon emissions, while the transfer proportion of residential land is significantly negatively correlated with carbon emissions; the moderating mechanism shows that the level of economic development and emission reduction policy can play a moderating role in the relationship between land transactions and carbon emissions, but the moderating effect of emission reduction policy is limited, only existing in the relationships between land transaction price, the amount of listed land, and carbon emissions.

Keywords: land transactions; carbon emissions; economic development level; emission reduction policy (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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