Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China

Economic development often leads to the misallocation of labor resources, so reforming the way land is allocated is important for developing a strategy to address the insufficient supply and oversupply of labor in China. This paper uses panel regression analysis to quantitatively measure the effect...

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Main Authors: Changjun Jiang, Jintao Li
Format: Article
Language:English
Published: MDPI AG 2022-10-01
Series:Land
Subjects:
Online Access:https://www.mdpi.com/2073-445X/11/10/1773
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author Changjun Jiang
Jintao Li
author_facet Changjun Jiang
Jintao Li
author_sort Changjun Jiang
collection DOAJ
description Economic development often leads to the misallocation of labor resources, so reforming the way land is allocated is important for developing a strategy to address the insufficient supply and oversupply of labor in China. This paper uses panel regression analysis to quantitatively measure the effect of the market supply of construction land (MSCL) on labor resources misallocation (LMIS). The results show that LMIS decreased year-by-year during the study period. The development of the MSCL can effectively reduce LMIS. The negative effect of the MSCL in the central region is greater than that in the eastern region, and the negative effect in the western region is the smallest. There is a single-threshold effect on the impact of the MSCL on LMIS. Specifically, when the MSCL is less than 18,045 hectares, the impact effect is −0.324, and when the MSCL is higher than 18,045 hectares, the effect is not significant. Moreover, the impact of the MSCL on LMIS has a spatial spillover effect, which is greater than the direct effect. Labor resources tend to migrate to economically developed areas, not just adjacent areas. These conclusions are of great significance for reducing LMIS from the perspective of land system reform in China.
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spelling doaj.art-49396c3f376c4e6db6a8f7d6afc21e092023-11-24T00:53:52ZengMDPI AGLand2073-445X2022-10-011110177310.3390/land11101773Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from ChinaChangjun Jiang0Jintao Li1College of Public Administration, Nanjing Agricultural University, Nanjing 210095, ChinaInstitute of Governance, Shandong University, Qingdao 266200, ChinaEconomic development often leads to the misallocation of labor resources, so reforming the way land is allocated is important for developing a strategy to address the insufficient supply and oversupply of labor in China. This paper uses panel regression analysis to quantitatively measure the effect of the market supply of construction land (MSCL) on labor resources misallocation (LMIS). The results show that LMIS decreased year-by-year during the study period. The development of the MSCL can effectively reduce LMIS. The negative effect of the MSCL in the central region is greater than that in the eastern region, and the negative effect in the western region is the smallest. There is a single-threshold effect on the impact of the MSCL on LMIS. Specifically, when the MSCL is less than 18,045 hectares, the impact effect is −0.324, and when the MSCL is higher than 18,045 hectares, the effect is not significant. Moreover, the impact of the MSCL on LMIS has a spatial spillover effect, which is greater than the direct effect. Labor resources tend to migrate to economically developed areas, not just adjacent areas. These conclusions are of great significance for reducing LMIS from the perspective of land system reform in China.https://www.mdpi.com/2073-445X/11/10/1773market supply of construction landlabor resources misallocationfixed-effect regressionthreshold effectspillover effect
spellingShingle Changjun Jiang
Jintao Li
Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China
Land
market supply of construction land
labor resources misallocation
fixed-effect regression
threshold effect
spillover effect
title Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China
title_full Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China
title_fullStr Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China
title_full_unstemmed Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China
title_short Influence of the Market Supply of Construction Land on the Misallocation of Labor Resources: Empirical Evidence from China
title_sort influence of the market supply of construction land on the misallocation of labor resources empirical evidence from china
topic market supply of construction land
labor resources misallocation
fixed-effect regression
threshold effect
spillover effect
url https://www.mdpi.com/2073-445X/11/10/1773
work_keys_str_mv AT changjunjiang influenceofthemarketsupplyofconstructionlandonthemisallocationoflaborresourcesempiricalevidencefromchina
AT jintaoli influenceofthemarketsupplyofconstructionlandonthemisallocationoflaborresourcesempiricalevidencefromchina