Industrial Land Allocation Reform and Urban Land Misallocati——Evidences from Micro Enterprises'Land Stock Data
We use the National Tax Survey Database to calculate the actual urban land stock data of enterprises from 2008 to 2015.We apply the OP method to calculate the land misallocation among enter-prises.Besides,we use an exogeneity marketization reform to measure its causal effect on the land misal-location.The empirical results show that this reform significantly reduces the land misallocation,relatively increases the land stock of enterprises with higher income per mu or with higher income tax per mu,and reduces the land stock of enterprises with lower added value per mu.The key industrial enterprises with higher income per mu or higher income tax per mu obtain more land,and the non-key industrial enterpri-ses with lower added value per mu have undertaken the most decline in land stock.