Land Market Competition Among Local Governments: A Spatial Analysis of Zhejiang Province

Kai Kajitani () and Tomoki Kamo ()
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Kai Kajitani: Kobe University
Tomoki Kamo: Keio University

Chapter Chapter 5 in Political Economy of Reform in China, 2022, pp 67-90 from Springer

Abstract: Abstract Since the 1990s, the Chinese economy has featured excess liquidity due to a continuously low fixed exchange rate against the United States (US) dollar and has frequently experienced sharp increases in asset prices commonly known as “bubbles.”

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-19-0202-4_5

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DOI: 10.1007/978-981-19-0202-4_5

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