Spatial restructuring and the logic of industrial land redevelopment in urban China: Ⅳ. A case study of jointly redevelopment by multi-actors  

作　　者：Gao Jinlong 

机构地区：[1]Key Laboratory of Watershed Geographic Sciences,Nanjing Institute of Geography and Limnology,Chinese Academy of Sciences,Nanjing,210008,China

出　　处：《Regional Sustainability》2023年第1期44-53,共10页区域可持续发展（英文）

基　　金：National Natural Science Foundation of China (41971215, 41701193);Youth Innovation Promotion Association, Chinese Academy of Sciences (2022317)。

摘　　要：Within the inventory era, urban shrinkage characterized by economic decline and space decay has been widely witnessed in China. The modes and trajectories of urban redevelopment have thus become areas of major concern for both policymakers and scholars. Taking the multi-actor participation nature of redevelopment, this paper stemming from the game-theoretical approach demonstrates in empirical terms on two major fronts. First, the redevelopment of industrial land without the transfer of land use right is shown to be deadlocked by the incapacitation of the original land-user and unlocked with the participation of the new developer. Second, the preference of the original land-user to maximize its interests by operating by itself rather than continue to cooperate with the new developer is observed in the post-redevelopment stage. Therein, the entrepreneurial local government acts only as a “mediator” between the two market entities and tends not to directly intervene in their cooperation. Thus that, it is the reasonable distribution of potential benefits or the pricing of different rights in the land property right bundle rather than their definition that matters more for land redevelopment. Because the delineation of land property rights has never been a problem in a mature land market, particularly for stock industrial land.

关 键 词：Urban renewal Spatial transformation Game model Cost-benefit analysis Property rights Industrial land REDEVELOPMENT Nanjing City 

分 类 号：TU984.13[建筑科学—城市规划与设计] F301.2[经济管理—产业经济]