《Land marketization and urban innovation capability: Evidence from China》
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- 作者
- Jian Cheng;Jiangmeng Zhao;Daolin Zhu;Xin Jiang;Hui Zhang;Yuanjie Zhang
- 来源
- HABITAT INTERNATIONAL,Vol.122,P.102540
- 语言
- 英文
- 关键字
- 作者单位
- College of Land Science and Technology, China Agricultural University, Beijing, 100193, China;Center for Land Policy and Law, Beijing, 100193, China;College of Land Science and Technology, China Agricultural University, Beijing, 100193, China;Center for Land Policy and Law, Beijing, 100193, China;School of Architecture and Urban Planning, Nanjing University, 210093, Nanjing, China;School of Geography, University of Leeds, LS2 9JT, UK;Oregon State University, School of Civil and Construction Engineering, 101 Kearney Hall Corvallis, Oregon, 97331, USA;Department of Agricultural Land Surveying, Cadastre and Photogrammetry, Faculty of Environmental Engineering and Land Surveying, University of Agriculture in Krakow, Poland;School of Management and Economics, Beijing Institute of Technology, Beijing, China;Institute of Geography, Fujian Normal University, Fuzhou, Fujian, China;School of Geography, Nanjing Normal University, Nanjing, Jiangsu, China;School of Public Administration and Policy, Renmin University of China, Beijing, China;Department of Architecture, Faculty of Architecture and Engineering, Istanbul Gelisim University, Istanbul, 34310, Turkey;Center for Real Estate Studying, Zhejiang University, Hangzhou, China;Department of Civil Engineering, Zhejiang University, Hangzhou, China;Ningbo Urban Construction Investment Holding Company Limited, China;The Hongkong Polytechnic University, Hong Kong, China
- 摘要
- The economic effect of land marketization reform has been widely discussed, but its effect on urban innovation capability still lacks adequate investigation. Based on urban panel data and micro-industrial enterprise data of China, we investigated how land marketization affects urban innovation capability. Our results demonstrate that land marketization has promoted urban innovation capability, and the effect presents temporal and spatial heterogeneity. The results remain robust when considering different marketization measurement methods and endogenous problems. Mechanism analysis indicates that land marketization promotes urban innovation capability mainly through the financing and selection effects; that is, land marketization eases urban financing constraints and then increases innovation investment (financing effect), while enterprises are forced to innovate to survive in a competitive land market (selection effect). An effective way to stimulate urban innovation capability would be to establish and improve land market competition and market transaction mechanisms. For China, further deepening the market-oriented reform of land factors is the crux of realizing high-quality development.