Polycentric development under public leasehold: A spatial analysis of commercial land use rights

This study inspects the urban spatial structure of growing megacities on a polycentric or edgeless development pathway under public leasehold systems using transaction data on commercial land use rights within the Shanghai metropolitan area for 2004–2016. Both zone-level supply and parcel-level demand equations are estimated to address whether the spatial distribution and price formation of commercial land use rights are associated with: (1) existing district centers and/or new employment subcenters; (2) highway and/or metro extensions; and (3) two suburban airports. Three sets of empirical findings describe how the transfers of commercial land use rights from local governments to property developers significantly predetermine the long-term trajectory of polycentric or edgeless development in emerging economies under public leasehold systems.

• Record URL:
  https://doi.org/10.1016/j.regsciurbeco.2018.05.001
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S0166046217303551
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/01660462
• Supplemental Notes:
  • © 2018 Elsevier B.V. All rights reserved. Abstract reprinted with permission of Elsevier.
• Authors:
  • Murakami, Jin
  • Chang, Zheng
• Publication Date: 2018-7

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; Maps; References; Tables;
• Pagination: pp 25-36
• Serial:
  • Regional Science and Urban Economics
  • Volume: 71
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0166-0462
  • Serial URL: http://www.sciencedirect.com/science/journal/01660462

Subject/Index Terms

• TRT Terms: Airports; Central business districts; Employment; Land use; Line extensions (Rail transit); Real estate development; Road construction; Spatial analysis
• Uncontrolled Terms: Polycentric development
• Geographic Terms: Shanghai (China)
• Subject Areas: Economics; Highways; Planning and Forecasting; Public Transportation;

Filing Info

• Accession Number: 01677948
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 17 2018 2:10PM