【摘 要】
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In China,land finance is actually an endogenous factor in economic growth.As a kind of nontraditional,informal govment revenue in China’s economic transition p
【机 构】
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Dongbei University of Finance and Economics, Liaoning, China
论文部分内容阅读
In China,land finance is actually an endogenous factor in economic growth.As a kind of nontraditional,informal govment revenue in China’s economic transition process,land finance is unstable,non-standard and unsustainable,and it simultaneously makes the current land-finance dependent growth mode difficult to maintain.The paper firstly analyzes the impact of the land finance on China’s economic growth and economic structure change followed by discussing the possible risks in post-land finance period.It then put forward some suggestions to deal with the problem.The analysis shows that land finance exacerbates the economic fluctuation,bringing in the increase of govment public expenditure and economic growth in the short term.Nonetheless,in the long term there is no significant effect,and it could gradually lead to a more unreasonable economic structure.In the post-land finance period,if we do not take precautions in advance,it will restrain the sustainable development of China’s economy and society.
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