Urban Land Revenue and Sustainable Urbanization in China: Issues and Challenges
Since urban land development launched in 1987, urban land transactions and local land leasing revenue have exploded sharply in China. Classical research on urban land use and urbanization often focuses on making decisions and enacting policies of zoning and land use regulations. Scholars from different disciplines have long been aware of this issue and have attempted to account for it with different theories of urbanization. This paper considers urbanization and the associated spatial interaction effect as an alternative factor in China’s urban land revenue.