How does land finance effect economic growth in China?--Theoretical analysis and empirical analysis on panel data  

作　　者：Yue Shumin Lu Yi 

机构地区：[1]School of Finance,Renmin University of China

出　　处：《China Finance and Economic Review》2016年第3期76-88,共13页中国财政与经济研究（英文）

摘　　要：Land finance,as the local governments’policy to collect revenue in China,is considered to be related with the economic growth.In this paper,the economy is divided into two sections-traditional Malthus section and modern Solow section in this paper.The effect of land finance on economic growth in China is derived via mathematical method based on economic growth model.The result shows that land finance will transfer the labor from Malthus section to Solow section,which will induce the economic growth.The panel data analysis is used to test the above result.It finds that reducing the farm land and raising the land lease price promote the economic growth.The labor transfer from Malthus section to Solow section caused by land finance do more contribution to economic growth than reducing the farm land and raising the land lease price.

关 键 词：land finance economic growth Malthus section Solow section 

分 类 号：C92[社会学—人口学]