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Sustainability 2017, 9(11), 2011; doi:10.3390/su9112011

Factors Influencing Land Development and Redevelopment during China’s Rapid Urbanization: Evidence from Haikou City, 2003–2016

1,2,* , 1
and
1
1
School of Construction Management and Real Estate, Chongqing University, Chongqing 400044, China
2
Research Center for Construction Economy and Management, Chongqing University, Chongqing 400044, China
*
Author to whom correspondence should be addressed.
Received: 11 October 2017 / Revised: 25 October 2017 / Accepted: 31 October 2017 / Published: 3 November 2017
(This article belongs to the Section Sustainable Urban and Rural Development)
View Full-Text   |   Download PDF [1773 KB, uploaded 3 November 2017]   |  

Abstract

Land development and redevelopment (LDR) is essential to economic growth and the advancement of urbanization in urban China. Moreover, various factors affect LDR. Based on an investigation, during 2003–2016, which involves 420 parcels within a 2-km section of the Nandu River, Haikou city, this paper employs a logistic model, so as to judge the impact of LDR on these parcels, and then with an improved hedonic model, it sets out to explore the LDR influencing factors. Specifically, the results show that the impact mechanism of LDR in China is different from countries where economy is the main influencing force. Moreover, China’s urban land development results from the cooperation and competition between local government and enterprises, with a particular focus on multiple political and economic factors. Hence, the paper innovatively incorporates quantifiable political and property factors that significantly influence the results. Finally, the paper tries to explain the variance from macro-level government and micro-level enterprises perspectives. In conclusion, China’s land development requires cooperation among the government and enterprises, in order to improve the economic, social, and environmental benefits of land use. View Full-Text
Keywords: land development and redevelopment; China’s urbanization; hedonic model; logistic model; political and economic factors land development and redevelopment; China’s urbanization; hedonic model; logistic model; political and economic factors
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Zhou, T.; Zhao, R.; Zhou, Y. Factors Influencing Land Development and Redevelopment during China’s Rapid Urbanization: Evidence from Haikou City, 2003–2016. Sustainability 2017, 9, 2011.

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