Sustainability 2016, 8(3), 279; doi:10.3390/su8030279
How Does Land Development Promote China’s Urban Economic Growth? The Mediating Effect of Public Infrastructure
1
School of Economics and Management, University of Chinese Academy of Sciences, Beijing 100190, China
2
School of Economics, Renmin University of China, Beijing 100872, China
*
Author to whom correspondence should be addressed.
Academic Editors: Giuseppe Ioppolo and Marc A. Rosen
Received: 21 December 2015 / Revised: 10 March 2016 / Accepted: 14 March 2016 / Published: 17 March 2016
(This article belongs to the Special Issue Urban Land and Sustainable Development)
Abstract
Although substantial studies emphasized the close relationship among land development, public infrastructure, and urban economic growth, the mediating effect of public infrastructure remains unexplored. Using panel data of 253 prefecture-level Chinese cities from 1999 to 2012, we empirically conduct a mediating effect analysis to examine how land development promotes urban economic growth. It is found that land development has a positive impact on public infrastructure, whereas the construction of public infrastructure is positively related with urban economic growth. Therefore, land development exerts a positive influence on urban economic growth through one important mediator: public infrastructure. It is also found that the mediating effect of public infrastructure is partial. The estimation results are robust to various specifications and sensitivity analysis. View Full-TextKeywords:
land development; land revenue; public Infrastructure; urban economic growth; mediating effect
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Fan, X.; Zheng, D.; Shi, M. How Does Land Development Promote China’s Urban Economic Growth? The Mediating Effect of Public Infrastructure. Sustainability 2016, 8, 279.
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