Risk Characteristics,Transmission Pathways and Regulatory Strategies in the Secondary Land Market:Based on Content Analysis of 2 045 Land Disputes Court Cases
The purposes of this paper are to clarify risk characteristics and transmission pathways in the secondary land market while proposing regulatory strategies for improved land market supervision within the context of factor marketization reform.The research methods include textual analysis,statistical analysis,cases study and system analysis.The results indicate that:1)the secondary land market involves seventeen risk factors categorized into seven main groups:transaction rules,subject actions,integrity,capabilities,transaction subjects,contract enforceability,market conditions,and the risk of illegal land use activities.2)From the perspective of transaction types,there are significant differences in the number of risks,risk outbreak stages,and risk types among the three transaction types,i.e.,land transfer,leasing and mortgage.From the perspective of transaction process,risks in the secondary land market exist throughout the entire process,with a concentration during the transaction implementation phase.Regarding market subjects,risks caused by transaction subjects dominate and pervade the entire transaction process.In terms of spatial distribution,the western region has a greater variety of high-risk event types compared to the eastern and central regions.3)Through an examination of structure,process and subjects,we've established a theoretical framework for risk transmission in the secondary land market.Our results demonstrate that subject attributes,including competence,integrity and behavior,affect the development of structural elements.Additionally,institutional and market-related factors influence agent actions.This interaction ultimately leads to the gradual accumulation and emergence of disputes in the secondary land market's risk transmission process of the secondary land market.In conclusion,the establishment of an all-encompassing regulatory framework for the secondary land market should be guided by the symbiosis of a proactive government and an efficient market.This framework must contain institutional environment,regulatory authorities,methodologies and the entire transaction process.The regulatory strategies proposed involve refining institutional structures,implementing dynamic supervision,enhancing operational mechanisms,and strengthening participant constraints,in accordance with the principles of effective governance within the evolving landscape of land market reform.
secondary land marketrisk characteristictransmission pathwaysregulatory strategiesstructure-process-subject