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...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2021-01-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/13834 |