How land transfer marketization influence on green total factor productivity from the approach of industrial structure? Evidence from China

Does the Land Market Have an Impact on Green Total Factor Productivity? A Case Study on China

“…Third, the relationship between land market and total factor productivity has aroused intense discussion. Sun et al [19] analyzed the impact of different land-use forms on industrial TFP in the land market and found that high-tech industrial development zones are conducive to promoting the TFP development of enterprises in the industrial zones. Lu et al [20] explored the relationship between land marketization, industrial structure and green total factor productivity based on panel data from 30 provincial administrative regions in China from 2004 to 2016, and they found that the marketization of land transfer has significantly improved China's green total factor productivity and China generally used land market policy to regulate regional economic development.…”

“…Other control variables: Referring to the research and availability of data of other scholars [9,19,43], this paper chooses industrial structure (IS2), information level (INFO), population size (POP), financial support for science and technology (TFS) to control the influence of external factors on GTFP. Specifically, the city's population at the end of that year is chosen to represent POP; the proportion of the total output value of foreign-invested industrial enterprises above the designated size in the total output value of industrial enterprises above the designated size in the whole city is used to represent the scale of foreign direct investment FDI; the proportion of the city's science and technology expenditure to the city's local budget expenditure is used to measure the TFS; the proportion of the output value of the tertiary industry in the output value of the secondary industry in the whole city is used to represent the industrial structure IS2; and the number of the city's internet-access households is used to represent the INFO.…”

“…Therefore, companies will allocate resources as much as possible to more profitable industries, such as real estate, causing a loss in labor. Environmentally friendly enterprises will also face the problem of insufficient resources, which will further inhibit the development of urban GTFP [19]. To sum up, no matter whether it is from the perspective of local government's land-transfer decision making, or from the perspective of the problems faced by local enterprises, the development of the land market will inhibit the promotion of the urban GTFP.…”

Can Market Reforms Curb the Expansion of Industrial Land?—Based on the Panel Data Analysis of Five National-Level Urban Agglomerations

“…The most direct way is to provide cheap land, labor, and various preferential policies to reduce the prices of production factors, attracting enterprises to enter and helping the capital inflow. The land transfer system before the land market reform provided tools and conditions for this purpose [27][28][29][30][31][32][33][34][35][36][37].…”

“…In the market economy, the essence of land users engaged in economic production is to maximize profits [22][23][24][25][26][27]. In order to obtain higher land use benefits, industrial land users tend to carry out a series of reforms to reduce land production costs when land prices rise and production costs increase, including optimizing the land use structure, increasing the concentration of labor capital, increasing production technology innovation, and increasing infrastructure investment to promote industrial-scale upgrading and structural transformation [27][28][29][30][31][32][33][34][35][36][37][38]. These measures economize on the use of industrial land, optimize the efficiency of industrial land resource allocation, and improve the efficiency of industrial land use, thereby reducing the investment demand for new industrial land and reducing the scale of industrial land expansion.…”