Comprehensive Evaluation on Land Supply System Performance: In Terms of System Transformation

Authors: Liang Hua, Yi Wen

Abstract:

This evaluation of land supply system performance in China shall examine the combination of government functions and national goals in order to perform a cost-benefit analysis of system results. From the author's point of view, it is most productive to evaluate land supply system performance at moments of system transformation for the following reasons. The behavior and input-output change of beneficial results at different times can be observed when the system or policy changes and system performance can be evaluated through a cost-benefit analysis during the process of system transformation. Moreover, this evaluation method can avoid the influence of land resource endowment. Different land resource endowment methods and different economy development periods result in different systems. This essay studies the contents, principles and methods of land supply system performance evaluation. Taking Beijing as an example, this essay optimizes and classifies the land supply index, makes a quantitative evaluation of land supply system performance through principal component analysis (PCA), and finally analyzes the factors that influence land supply system performance at times of system transformation.

Keywords: Land supply, System performance, System transformation

Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1072553

References:

[1] Li Rui, 2005. Perfection of Land Expropriation System in China in Perspective of American Jurisprudence.
[J]. Guangxi Social Sciences. 2005 (12): 88-91
[2] Zhang Jun, 2008. Learn from American Soil Value Capture System.
[J]. China Land, 2008 (1): 34-36
[3] Liu Yulu, 2002. International Comparison of Urban Land System and the Implications.
[J]. China Real Estate, (6): 2-4
[4] Zhang Juanfeng and Jia Shenghua, 2007. Analysis and Experience of Urban Land Value Capture System in Singapore and Hong Kong.
[J]. Modern Urban Research, 2007 (11): 80-87
[5] Feng Xinming, 1993. Analysis of Real Estate Title System in Hong Kong and the Advantages and Disadvantages. Social Sciences in Guangdong, 1993 (2): 21-23
[6] Jia Shenghua, 2000. Land Supply System of the Hong Kong Government and its Implications.
[J]. China Real Estate,2000 (4): 72-76
[7] Qu Zhongqiong and Pu Lijie, 2006. Study of Urban Land Supply System Performance Evaluation System - taking Nanjing as Example.
[J]. China Land Science, 2006 (2): 23-26
[8] Chen Fujun, 2001. Preliminary Study of Urban Production Functions in China. (1): 13-15
[9] Ghertmen, Michel, 1998. Measuring Macro-economic Transaction Costs: A Comparative Perspective and Possible Policy Implications
[R]. Second Annual Meeting of the International Society for New Institutional Economics, September,Paris.
[10] Wallis, Joseph and North, Douglass C.,1986. Measuring the Transaction Sector in the American Economy,1870-1970, Long-term factors in American economic growth.
[M]. Edited by Stanley Lengerman and Robert G., Chicago: University of Chicago Press.
[11] Coase, North, Williamson, 2003. Translations of the New Institutional Economics masterpiece: Institutions, Contracts and Organizations: Perspectives from New Institutional Economics
[M].Beijing, Economic Science Press.
[12] Knack, Stephen and Keefer, Philip, 1997. Does Social Capital Have An Economic Payoff: A Cross-Country Investigation´╝îQuarterly Journal of Economics, November 1997, Vol. 112, No. 4, Pages 1251-1288.M. Young, The Techincal Writers Handbook. Mill Valley, CA: University Science, 1989