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  1. A Global Perspective on Land Use Regulations and Housing Outcomes

    Documentos de trabajo
    Junio 2022
    Cynthia Goytia and Eric J. Heikkila

    This paper examines the relationship between land use regulations and housing outcomes, especially housing affordability and informality. Using a unique and important database of 191 metropolitan...

  2. High-speed rail, market access improvement, and land market outcomes

    Evidence from China
    Documentos de trabajo
    Agosto 2021
    Zheng Chang

    China has the most extensive high-speed rail (HSR) network in the world. This study investigated how HSR impacted the land market in China from 2004 to 2016, including land prices, supply, and...

  3. Land Conversion and Misallocation Across Cities in China

    Documentos de trabajo
    Junio 2019
    Shihe Fu, Xiaocong Xu, and Junfu Zhang

    The Chinese government has been using quotas to control the amount of farmland that can be converted for urban uses in different cities every year. Using a sample of more than 1.5 million land-lease...

  4. The Development of Copycat Towns in China

    An Initial Analysis of Their Economic, Social, and Environmental Implications
    Documentos de trabajo
    Octubre 2017
    Daniel Sui, Bo Zhao, and Hui Kong

    The great urban leap forward in China during the past four decades has dramatically transformed the Chinese landscape across the country as well as Chinese society in many profound ways. By situating...

  5. Real Estate Development and Financial Crises

    A Comparative Study Between China and World Major Economies 1980–2014
    Documentos de trabajo
    Junio 2016
    Simon X. Zhao and Bryane Michael

    This report represents an international, comparative, empirical study of the relationship between financial crises and real estate development—with a focus on Japan, Hong Kong, the U.S., some...

  6. Bubble Economics

    How Big a Shock to China’s Real Estate Sector Will Throw the Country into Recession, and Why Does It Matter?
    Documentos de trabajo
    Mayo 2016
    Bryane Michael and Simon X. Zhao

    How far do China’s property prices need to drop in order to send the country into a recession? What does this question tell us about the way Bubble Economies work? In this paper, we develop a...

  7. Dealing with “Small Property Rights” in China’s Land Market Development

    What Can China Learn from Its Past Reforms and the World Experience?
    Documentos de trabajo
    Septiembre 2014
    Xiaofang Shen and Fan Tu

    This research aims to examine the knotty issue in China’s continued land market reform, the so-called “small property right” (SPR) referring to the ambivalent right to the commercial properties...

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