打印

作者

Haijun Bao;Xiaohe Wu;Yi Peng;Lu Han

来源

HABITAT INTERNATIONAL,Vol.124,P.102562

语言

英文

关键字

作者单位

School of Spatial Planning and Design, Zhejiang University City College, Hangzhou, China;School of Public Administration, Zhejiang University of Finance and Economics, Hangzhou, China;Nottingham University Business School, University of Nottingham Ningbo China, Ningbo, China;School of Spatial Planning and Design, Zhejiang University City College, Hangzhou, China;School of Public Administration, Zhejiang University of Finance and Economics, Hangzhou, China;Nottingham University Business School, University of Nottingham Ningbo China, Ningbo, China;Department of Political Science, Northeastern University, 960A Renaissance Park, 360 Huntington Ave, Boston, MA, 02115, USA;School of Management, Guangzhou University, Guangzhou, 510006, China;Department of Urban Studies, University of Glasgow, Glasgow, G12 8QQ, UK;Department of Building and Real Estate, The Hong Kong Polytechnic University, Hong Kong;School of Economics and Management, Southeast University, 2 Southeast University Road, Jiangning District, Nanjing, 211189, China;National School of Development and Policy, Southeast University, Nanjing, 211189, China;Business School, The University of Western Australia, 35 Stirling Highway, Crawley, Western Australia, Australia;Department of Agricultural Extension and Education, Agricultural Sciences and Natural Resources University of Khuzestan, Mollasani, Iran;Department of Agricultural Economics, Agricultural Sciences and Natural Resources University of Khuzestan, Mollasani, Iran;Interdisciplinary Program in Landscape Architecture, Graduate School, Seoul National University, Seoul, Republic of Korea;Dept. of Landscape Architecture and Rural Systems Engineering, Seoul National University, Seoul, Republic of Korea;Department of Public Policy, City University of Hong Kong, Kowloon Tong, Hong Kong;The State Key Laboratory of Marine Pollution (SKLMP) and Department of Public Policy, City University of Hong Kong, Hong Kong, China;Shenzhen Research Institute, City University of Hong Kong, Shenzhen, 518057, China

摘要

Land acquisition and demolition (LAD) provides large-scale non-agricultural construction land for China's rapid economic development and urbanization. Considering the shift from housing resettlement to monetary compensation, the number of relocated households becoming wealthy overnight during LAD have increased substantially. Relocated households that received high compensation likely experience a serious psychological impact and maybe unable to reasonably allocate their household assets. Although a few studies have investigated household asset allocation (HAA) of relocated households, the key influencing factors remain unknown. This study uses a regression model on the basis of the empirical research conducted in Hangzhou to mitigate this deficiency. The regression model analyzes HAA of relocated households from the perspectives of psychological cognition and external environmental stimuli. Empirical results revealed the following: first, mental accounting and social conformity have positive impacts on daily expense, leveraged, and long-term income accounts, and social conformity has a positive impact on investment accounts additionally; second, monetary compensation affects daily expense and investment accounts positively, financial market affects investment and long-term income accounts negatively, and social security affects investment and long-term income accounts positively; third, external stimuli partly moderated the relationship between psychological cognition and HAA. The findings can provide useful references for local governments to optimize the resettlement policy and also facilitate relocated households to allocate their assets reasonably.