Government Failure,Property Right Transfer Barriers and Formation of Extant Urban Construction Land
The purpose of this study is to analyze the administrative mechanism of land resource allocation from the perspective of property rights transfer,to provide a solution to the"absolutely inefficient"land problems,such as approvals without supply and idle land.The research methods include theoretical analysis,policy text analysis,empirical analysis and logical induction.The research results show that:1)from the allocation of land supply index to the entry of land factor market,the full transfer of property rights is an important prerequisite for realizing the efficient allocation of land resources by administration.However,the existence of property right transfer barriers,make the supply-demand structure unable to connect effectively,and cause a proportion of land temporarily into the public domain of state-owned rights.2)Local government failure induces inefficient land use.Based on the cost-benefit consideration,local governments substitute demand for land factor market,which partly leads to total and structural imbalance of land factor market,resulting in efficiency loss of administrative allocation.In conclusion,to improve the efficiency of administrative allocation of land resources,the core is to build a more complete market-oriented allocation mechanism of state-owned land elements under the temporal transition context from the newly-added land to the extant land.
extant construction landland allocation efficiencyproperty right transfergovernment failure
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