Journal of Applied Finance & Banking

Does Political Connection in China Influence Urban Land Supply?

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  • Abstract 
     
    This paper examines how the secretary of the prefecture-level municipal party committee affects land supply in Chinese cities. We found that the traditional urban economics framework also applies to China. Specifically, population and gross domestic product (GDP) are highly correlated with land supply. On this basis, we found that the secretary of the municipal party committee, who has worked at the provincial government level, significantly affects the land supply at the municipal level. 
     
    JEL classification numbers: O18, P25, P26.
    Keywords: Land supply, political factors, people’s Republic of China.
     
     
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