Land Misallocation and Carbon Emissions: Evidence from China

Based on the land market transaction data and city-level carbon emission data of 282 prefecture-level cities from 2005 to 2018 in China Land Market Network, this paper discusses the effect of land resource misallocation on carbon emissions and its influencing mechanisms. The research finds that, the...

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Main Authors: Feng Han, Min Huang
Format: Article
Language:English
Published: MDPI AG 2022-07-01
Series:Land
Subjects:
Online Access:https://www.mdpi.com/2073-445X/11/8/1189
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author Feng Han
Min Huang
author_facet Feng Han
Min Huang
author_sort Feng Han
collection DOAJ
description Based on the land market transaction data and city-level carbon emission data of 282 prefecture-level cities from 2005 to 2018 in China Land Market Network, this paper discusses the effect of land resource misallocation on carbon emissions and its influencing mechanisms. The research finds that, the local government’s strategy of “seek development with the land” has made a large amount of urban construction land being allocated to the industrial field, leading to the price of industrial land to be underestimated and obvious land resource misallocation. The land resource misallocation has significantly increased the level of urban carbon emissions through mechanisms such as hindering the upgrading of industrial structure, restraining technological innovation and weakening the effect of economic agglomeration. Moreover, the results are still robust after replacing the core variable indicators, considering extreme values and controlling endogeneity. Additionally, further study finds that land resource misallocation not only evidently aggravates the city’s own release of carbon emissions, but also has a remarkable spatial spillover effect on adjacent cities. Meanwhile, except for small cities, the misallocation of land resources in Type-I large cities and above, Type-II large cities and Medium-sized cities noticeably exacerbates urban carbon emissions, and the effect increases with the upgrading of city size. Regionally, the land misallocation on carbon emissions has significantly increased the carbon emissions in the eastern and central regions but has no significant impact on the carbon emissions in the western region. Finally, the conclusion of this paper will have important practical significance for further promoting the standardization of China’s land market and realizing the green and high-quality development of the urban economy.
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spelling doaj.art-9cda35096c284c91bbf0f2e5972894142023-12-03T13:57:00ZengMDPI AGLand2073-445X2022-07-01118118910.3390/land11081189Land Misallocation and Carbon Emissions: Evidence from ChinaFeng Han0Min Huang1School of Economics, Nanjing Audit University, Nanjing 211815, ChinaSchool of Economics, Nanjing Audit University, Nanjing 211815, ChinaBased on the land market transaction data and city-level carbon emission data of 282 prefecture-level cities from 2005 to 2018 in China Land Market Network, this paper discusses the effect of land resource misallocation on carbon emissions and its influencing mechanisms. The research finds that, the local government’s strategy of “seek development with the land” has made a large amount of urban construction land being allocated to the industrial field, leading to the price of industrial land to be underestimated and obvious land resource misallocation. The land resource misallocation has significantly increased the level of urban carbon emissions through mechanisms such as hindering the upgrading of industrial structure, restraining technological innovation and weakening the effect of economic agglomeration. Moreover, the results are still robust after replacing the core variable indicators, considering extreme values and controlling endogeneity. Additionally, further study finds that land resource misallocation not only evidently aggravates the city’s own release of carbon emissions, but also has a remarkable spatial spillover effect on adjacent cities. Meanwhile, except for small cities, the misallocation of land resources in Type-I large cities and above, Type-II large cities and Medium-sized cities noticeably exacerbates urban carbon emissions, and the effect increases with the upgrading of city size. Regionally, the land misallocation on carbon emissions has significantly increased the carbon emissions in the eastern and central regions but has no significant impact on the carbon emissions in the western region. Finally, the conclusion of this paper will have important practical significance for further promoting the standardization of China’s land market and realizing the green and high-quality development of the urban economy.https://www.mdpi.com/2073-445X/11/8/1189land misallocationcarbon emissionsland marketizationgreen and low-carbon
spellingShingle Feng Han
Min Huang
Land Misallocation and Carbon Emissions: Evidence from China
Land
land misallocation
carbon emissions
land marketization
green and low-carbon
title Land Misallocation and Carbon Emissions: Evidence from China
title_full Land Misallocation and Carbon Emissions: Evidence from China
title_fullStr Land Misallocation and Carbon Emissions: Evidence from China
title_full_unstemmed Land Misallocation and Carbon Emissions: Evidence from China
title_short Land Misallocation and Carbon Emissions: Evidence from China
title_sort land misallocation and carbon emissions evidence from china
topic land misallocation
carbon emissions
land marketization
green and low-carbon
url https://www.mdpi.com/2073-445X/11/8/1189
work_keys_str_mv AT fenghan landmisallocationandcarbonemissionsevidencefromchina
AT minhuang landmisallocationandcarbonemissionsevidencefromchina