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Plus ça Change
Three Decades of Fiscal Policy and Central-Local Relations in ChinaDocumentos de trabajoJunio 2021Christine WongIn China’s decentralised fiscal system, since virtually all vital public services (education, healthcare, social welfare) are provided by local governments, a well-functioning intergovernmental...
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Strategic Interaction in Urban Infrastructure Finance
A Spatial Panel Econometric Analysis of Chinese Prefecture-Level CitiesDocumentos de trabajoOctubre 2020Can Chen, Kenneth A. Kriz, and Shuanglin LinThis research represents one of the first attempts to empirically examine strategic interaction in urban infrastructure expenditures on capital construction and maintenance in China. Drawing upon the...
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Housing Affordability in Chinese Cities
Documentos de trabajoAbril 2020Li SunOver the past decade, house prices have kept soaring in Chinese cities, making housing affordability one of the biggest social and political issues in urban China. Existing research on housing...
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Nationwide Mass Appraisal Modeling in China
Feasibility Analysis for Scalability Given Ad Valorem Property Tax ReformDocumentos de trabajoAbril 2019Peadar Davis, Michael McCord, Paul Bidanset, and Margie CusackSince 2003, the Chinese government has considered introducing an annual property tax, and while it selected six pilot cities for experimenting with the viability of a mass appraisal system rollout,...
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Financing Transit Oriented Development by Value Capture
Negotiating Better Public InfrastructureDocumentos de trabajoJunio 2019Erwin van der Krabben, Ary Samsura, and Jinshuo WangA recent World Bank report warns of the increasing problems of car-dependent urbanization (Suzuki et al. 2015), particularly in rapidly growing cities in developing countries. The integration of...
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Land Conversion and Misallocation Across Cities in China
Documentos de trabajoJunio 2019Shihe Fu, Xiaocong Xu, and Junfu ZhangThe 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...
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The Debt Magnitude and Insolvency Risk of Local Financing Platforms in China
Documentos de trabajoJunio 2013Yang He and Joyce Yanyun ManPolicy makers and researchers have been debating the financial health of Chinese local government debt after the global financial crisis. However, the lack of transparency makes it difficult to full...