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.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/01660462
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Supplemental Notes:
- © 2018 Elsevier B.V. All rights reserved. Abstract reprinted with permission of Elsevier.
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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
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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