Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China

To analyze the leasing behavior of residential land in Beijing, the mathematical models of the price and the total area of the leased residential land are presented. The variables of the mathematical models are proposed by analyzing the factors influencing the district government’s leasing behavior...

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Main Author: Jing Cheng
Format: Article
Language:English
Published: MDPI AG 2021-09-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/9/18/2314
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author Jing Cheng
author_facet Jing Cheng
author_sort Jing Cheng
collection DOAJ
description To analyze the leasing behavior of residential land in Beijing, the mathematical models of the price and the total area of the leased residential land are presented. The variables of the mathematical models are proposed by analyzing the factors influencing the district government’s leasing behavior for residential land based on the leasing right for residential land in Beijing, China. The regression formulae of the mathematical models are obtained with the ordinary least squares method. By introducing the data of the districts in Beijing from 2004 to 2015 into the mathematical models, the numerical results of the coefficients in the mathematical models are obtained by solving the equations of the regression formulae. After discussing the numerical results of the influencing factors, the district government behavior for leasing residential land in Beijing, China, is investigated. The numerical results show the factors concerning the government and how these factors influence the leased price and the total leased area of residential land for this large city in China. Finally, policy implications for the district government regarding residential land leasing in Beijing are proposed.
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spelling doaj.art-cf4ea5a649e446139d8f80646d67eabb2023-11-22T14:06:32ZengMDPI AGMathematics2227-73902021-09-01918231410.3390/math9182314Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in ChinaJing Cheng0Architecture and Civil Engineering Research Centre, City University of Hong Kong Shenzhen Research Institute, Shenzhen 518057, ChinaTo analyze the leasing behavior of residential land in Beijing, the mathematical models of the price and the total area of the leased residential land are presented. The variables of the mathematical models are proposed by analyzing the factors influencing the district government’s leasing behavior for residential land based on the leasing right for residential land in Beijing, China. The regression formulae of the mathematical models are obtained with the ordinary least squares method. By introducing the data of the districts in Beijing from 2004 to 2015 into the mathematical models, the numerical results of the coefficients in the mathematical models are obtained by solving the equations of the regression formulae. After discussing the numerical results of the influencing factors, the district government behavior for leasing residential land in Beijing, China, is investigated. The numerical results show the factors concerning the government and how these factors influence the leased price and the total leased area of residential land for this large city in China. Finally, policy implications for the district government regarding residential land leasing in Beijing are proposed.https://www.mdpi.com/2227-7390/9/18/2314mathematical modelleased pricetotal leased areadata analysisresidential landBeijing
spellingShingle Jing Cheng
Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China
Mathematics
mathematical model
leased price
total leased area
data analysis
residential land
Beijing
title Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China
title_full Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China
title_fullStr Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China
title_full_unstemmed Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China
title_short Mathematical Models and Data Analysis of Residential Land Leasing Behavior of District Governments of Beijing in China
title_sort mathematical models and data analysis of residential land leasing behavior of district governments of beijing in china
topic mathematical model
leased price
total leased area
data analysis
residential land
Beijing
url https://www.mdpi.com/2227-7390/9/18/2314
work_keys_str_mv AT jingcheng mathematicalmodelsanddataanalysisofresidentiallandleasingbehaviorofdistrictgovernmentsofbeijinginchina