Abstract
Since the reform and opening up, China’s economy has maintained rapid growth. At the same time, the process of urbanization in China has been accelerating and the scale of urban construction land has expanded accordingly. The purpose of the research is to explore whether there is an inevitable connection between the expansion of urban construction land and economic growth. This study uses 108 prefecture-level cities in the Yangtze River Economic Belt as an example. Considering panel data from 2005 to 2015, the spatial econometric model was used to explore the impact of urban construction land expansion on regional economic growth. The results are as follows: (1) The expansion of construction land in cities in the Yangtze River Economic Belt has a significant impact on economic growth but the extent of the impact is not as great as that of capital stock. (2) In the Yangtze River Economic Belt, the expansion of urban construction land in a certain area has not only a positive effect on the local economic growth but also a certain spillover effect and it can promote the economic development level of the adjacent areas in the economic belt. (3) Although the expansion of urban construction land along the Yangtze River Economic Belt promotes economic growth, there are obvious differences between regions. The expansion of urban construction land in the central region of the Yangtze River Economic Belt has a significant driving effect on economic growth. However, the expansion of urban construction land in the eastern and western regions has no significant effect on the economic growth of the respective regions. Finally, based on the above conclusions, this paper proposes corresponding policy recommendations for economic development in different regions. These research conclusions will also facilitate the follow-up of other researchers to further explore the driving factors of the economic development of many prefecture-level cities in the Yangtze River Economic Belt and the related mechanisms for the expansion of construction land to promote economic growth.
Highlights
Since the reform and opening up, China’s economy has maintained a rapid growth rate of more than 6% and its gross domestic product has increased by more than 20 times, from 4.04 trillion in 1979 to 82.71 trillion in 2017
As the three explanatory variables, the capital factor K will be measured by the urban capital stock and the labor force factor N will be measured by the employed population of the secondary and tertiary industries
The following conclusions are drawn: (1) The expansion of urban construction land in the Yangtze River Economic Belt has a significant impact on the regional economic growth but the impact is not as great as the impact of the capital stock
Summary
Since the reform and opening up, China’s economy has maintained a rapid growth rate of more than 6% and its gross domestic product has increased by more than 20 times, from 4.04 trillion in 1979 to 82.71 trillion in 2017. With this rapid economic growth, the scale of urban construction land in China has continuously expanded, from 74,00 square kilometers in 1978 to 54,300 square kilometers in 2016, representing an increase of 7 times [1]. As a material carrier for the rapid development of urban economy, how does the urban construction land relate to economic growth? How does it contribute to economic growth? how can we rationally use this relationship to promote the development of the city? These issues are worthwhile to explore in depth
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
