Examining how transit agencies adapt land value capture in mainland China, 1992–2023: the case of the Guangzhou Metro Group Company

Xinjian Li and Peter E. D. Love

Chapter 20 in Handbook on Transport in Asia, 2025, pp 396-415 from Edward Elgar Publishing

Abstract: Land value capture (LVC) is an innovative funding and financing approach that has gained worldwide attention to support policymakers in delivering urban rail transit systems. A dearth of research focuses on transit agencies within the Global South, even though they are pivotal to the effective implementation of LVC. Thus, this chapter examines how the transit agency adapts the LVC, which it used to support the implementation of its urban rail systems. This chapter commences with an overview of LVC and its interplay with transit agencies and proposes an analytical governance framework. This framework is then applied to Guangzhou Metro Group Company in mainland China to examine its journey, including goals, stakeholders, objects, and processes to adapt effective LVC strategies from 1992 to 2023. Through this chapter, the findings can support global policymakers to adapt and develop effective LVC strategies.

Keywords: China; Global South; Transit agency; Governance; Value capture (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035309238
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035309245.00027 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22182_20

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().