Resources Science ›› 2017, Vol. 39 ›› Issue (4): 585-596.doi: 10.18402/resci.2017.04.01

• Orginal Article •     Next Articles

The relationship between industrial land price and industrial structure change

Jinsheng HUANG(), Ligen CHEN(), Yaoyu ZHANG, Aidong ZHAO   

  1. College of Public Administration,Nanjing Agricultural University,Nanjing 210095,China
  • Received:2016-11-04 Revised:2017-02-10 Online:2017-04-30 Published:2017-04-25

Abstract:

Land resources are the basic carrier and the spatial constraint of industrial development, whereby its various functions support the continuous evolution of industrial structure. And the role of land played supports the change of the industrial structure, in turn, the industrial structure change also shape the demand of land factor. The industrial land price change is closely related to the industrial structure change. Therefore, the research on the interactive effect between the industrial land price change and industrial structure change has a positive consequence to promote the reform of land market and the transformation and upgrading of industrial structure. Based on the Chinese industrial land transaction database over the period 2007-2013, this paper constructs a PVAR model of linking industrial land price and the industrial structure change, and empirical analyzes the interactive effect between the change of industrial land price and industrial structure change and its regional heterogeneity. The results show that industrial land price change and industrial structure change could coordinates with each other but this relationship differs across regions. Specifically, in Eastern China, as the highly level of urban land marketization, the rising of industrial land price effective contributes to the industrial structure upgrading and optimization. In central China, an coordinated relationship between industrial land price and industrial upgrading has already exist, however, it's worth noting that high level of industrial land price is harmful to the industrial optimization in Central China. In western China, industrial land price increases are not only not conducive to the upgrading of industrial structure,but also not conducive to the optimization of industrial structure, but this interactive effect is not significant. The regional differences of the interactive effects between industrial land price change and industrial structure change are due to the significant differences in the level of economic development and land marketization in different regions. Evidence from this study suggests that the Eastern China should further advance the industrial land marketization to accommodate the regional industrial change; the central China should pay more attention to the coordination of industrial land marketization and industrial structure change and keep a relatively low level of land price; while the Western China should give the priority to the industrial marketization and then consider the regulation of land price level.

Key words: industrial land price, industrial structure, structure upgrading, structure optimization, China