State-owned enterprises and industrial land reform in China

Lin Zhang, N. Edward Coulson (), Yuan Liu and Yiting Zhao
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Lin Zhang: Dalian University of Technology
N. Edward Coulson: UC Irvine
Yuan Liu: Dalian University of Technology
Yiting Zhao: Dalian University of Technology

The Annals of Regional Science, 2024, vol. 72, issue 1, No 11, 255-286

Abstract: Abstract In order to promote the optimal allocation of land, China began market-oriented reform of industrial land in 2007. The actions of state-owned enterprises during this reform can reflect the effect of reform. Therefore, this research takes state-owned enterprises as the core object of research, and uses industrial enterprise land purchase data to carry out research from the perspective of land purchase opportunity and purchase price. The results show that: the advantage of state-owned enterprises to purchase high-quality land parcels has been weakened, and a more market-oriented land market has been gradually established. As for land purchase price, the advantage of state-owned enterprises to purchase land at a low price has been gradually weakened. The distortion of industrial land price has been mitigated. These findings show that market-oriented reform of China is effective. State-owned enterprises have gradually integrated into the environment of market-oriented allocation of industrial land. The allocation of land has become more open and efficient.

JEL-codes: R12 R14 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s00168-022-01197-9

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