Abstract
As China entered marketization in the late 1980s, it soon established a market economy system and implemented tax-sharing reforms. Driven by the marketization, local governments have rapidly developed the economy under the pressure of fiscal competition caused by the reform of the tax-sharing system. Industrial land is an important factor of local economic development, and it enables local governments to invest heavily in the industrial sector to promote economic development, leading to urban expansion. In order to shed light on the relationship between the market reforms implemented by the Chinese government and the expansion of urban industrial land, this paper used the data of 77 prefecture-level cities in China’s five national-level urban agglomerations as research samples from 2007 to 2018. We first constructed the marketization rate of industrial land (MIL) and used the panel data model to examine whether China′s market reform will curb the expansion of industrial land. The results showed that: (1) land market reform can restrain the scale of industrial land expansion, and the impact is different in different urban agglomerations; (2) under the effect of marketization, foreign direct investment (FDI) has restrained the expansion of industrial land to a certain extent. The amount of industrial investment (AII), the ratio of secondary industry to GDP structure (RSG), and the number of industrial enterprises (NIE) will aggravate the expansion of industrial land. We suggest that the Chinese government should deepen the reform of land marketization and develop a differentiated land market mechanism. It is also necessary for local governments to develop stock land, improve the efficiency of industrial land use, increase the investment in advanced technology, and improve the intensive utilization of industrial land. The research provides a reference for other countries in the world that are developing in a transitional period to restrain unlimited land expansion and save land resources in the process of economic development.
Highlights
Since the establishment of a market economy in the late 1980s, China has entered the era of high-speed industrialization, and industrial development has entered the middle and late stages of industrialization [1,2]
The land market reform implemented by the Chinese government can restrain the expansion of industrial land and improve the utilization efficiency of industrial land, which is consistent with hypothesis 1 of this paper
Looking at the results of industrial land marketization rate by price, the regression results of the four control variables of the RSG, foreign direct investment (FDI), amount of industrial investment (AII), and the number of industrial enterprises (NIE) on the scale of industrial land expansion are significant
Summary
Since the establishment of a market economy in the late 1980s, China has entered the era of high-speed industrialization, and industrial development has entered the middle and late stages of industrialization [1,2]. China’s total industrial output value has increased by more than 250% from the end of the 1990s to 2013 [1,2]. The rapidly developing industrial economy has promoted the rapid expansion of the spatial scale of urban industrial land, urban industrial parks are blooming everywhere, and the area of urban industrial land has expanded rapidly [2]. In 2016, the total area of urban industrial land in China reached. The rapid expansion of urban industrial land has produced a series of negative externalities while meeting the needs of urban economic development [4,5,6,7,8]. A large number of the industrial land developed has led to the conversion of the cultivated land, which
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