Policy Effects and Impact Mechanisms of China's Routine Land Supervision on Local Governments'Land Transaction:A Quasi-lexperimental Study based on the Perspective of Routine Land Supervision
The land supervision institution,a significant institutional innovation in land man-agement,regulates local government land concessions by tightening institutional restrictions on land usage,so as to limit the scope of land transaction.Taking the routine land supervision institution as a quasi-natural experiment as well as using a multi-period DID method with panel data from 281 pre-fecture-level cities in China,this study empirically explores the long-term and short-term restraining impacts of routine land supervision institution on the amount of land transaction by local govern-ments and the corresponding impact mechanisms.The empirical findings demonstrate:(1)that land supervision institution can significantly reduce the extent of land transaction,and that this conclu-sion is highly robust;(2)the suppressive effect of routine land supervision on the scale of land transaction has a long-term sustainable effect;(3)the routine land supervision is to enhance the ad-vanced level of industrial structure,thus eliminating the scale of local government land transaction;(4)routine land supervision has a significant resident effect,with the scale of land transaction in the residential areas of the land Inspectorate significantly reduced compared to non-resident areas;(5)there is regional heterogeneity in the inhibitory effect of routine land inspectors,with the strongest policy effect in the eastern region,followed by the central region,and no effect in the western region.Finally,this study proposes policy recommendations such as increasing the imple-mentation of routine land supervision institution,promoting the coordination between routine land supervi-sion institution policies and industrial policies,strengthening the power and functions of land inspector bu-reaus,and focusing on regional differences in the effects of routine land supervision institution.
Routine Land SupervisionLand TransactionIndustrial StructureGovernment Station EffectInfluence Mechanism
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