Land assets, urban investment bonds, and local governments' debt risk, China

As the collateral for the issuance of urban investment bonds (UIBs), land leasing revenue is the fund that is used to repay the debt with large-scale land hoarding and increasing land price due to China’s rapid urbanization. This paper employs the fixed effect model and panel data from 2006 to 2015...

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Bibliographic Details
Main Authors: Juanfeng Zhang, Lele Li, Ting Yu, Jie Gu, Haizhen Wen
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2021-01-01
Series:International Journal of Strategic Property Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/IJSPM/article/view/13834