| 000 | 01566nab a2200289 c 4500 | ||
|---|---|---|---|
| 999 |
_c143118 _d143118 |
||
| 003 | ES-MaIEF | ||
| 005 | 20201030110547.0 | ||
| 007 | ta | ||
| 008 | 201030t2020 us ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
||
| 100 | 1 |
_962178 _aTsai, Pi Han |
|
| 245 | 0 |
_aFiscal expenditure and industrial land price in China _btheory and evidence _c Pi‐Han Tsai, Chien‐Yu Huang, Tsun‐Feng Chiang |
|
| 260 | _c2020 | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aThis paper aims to discover the mechanism behind the positive correlation between local fiscal expenditure and industrial land price in China, a stylized fact discovered by bivariate and regression analyses. The model shows that if the positive externality of government expenditure on growth is sufficiently high, the local government has an incentive to increase public spending in exchange for the reduced demand for industrial land by charging a higher markup and driving up the industrial land price. Therefore, we observe a positive correlation between the local fiscal expenditure and industrial land price. | ||
| 650 | 4 |
_944905 _aGASTOS FISCALES LOCALES |
|
| 650 | 4 |
_948507 _aSUELO |
|
| 650 | 4 |
_947463 _aINDUSTRIA |
|
| 650 | 4 |
_948092 _aPRECIOS |
|
| 650 | 4 |
_933911 _aCHINA |
|
| 650 | 4 |
_947776 _aMODELOS ECONOMETRICOS |
|
| 700 | 1 |
_968534 _aHuang, Chien Yu |
|
| 700 | 1 |
_968535 _aChiang, Tsun Feng |
|
| 773 | 0 |
_9163692 _oOP 1634/2020/4 _tContemporary Economic Policy _w(IEF)574 _x 1074-3529 [papel] _gv. 38, n. 4, October 2020, p. 593-606 |
|
| 942 | _cART | ||