Land supply structure, agricultural transfer population and urban - rural business cycle in China

  • ZHOU Shao-fu ,
  • SHU Peng
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Received date: 2023-10-04

  Revised date: 2023-11-03

  Online published: 2024-01-05

Abstract

The study incorporates heterogeneous land factors into the DSGE model including urban-rural dual structure, and portrays the impacts of local government’s land supply restructuring on the agricultural migrant population as well as the urban-rural business cycle. The results indicate that: the non-general-housing settlement pattern of agricultural transfer population that mainly based on the industrial land is an important contributor to the population urbanization and can simultaneously lead to an increase of output in rural areas; local governments’ land supply targets tilting towards industrial use will slow down the positive inflow of agricultural transfer population; reducing relocation costs and increasing house purchasing subsidies for rural residents are both effective in mitigating the negative impact on population urbanization caused by the tightening supply of residential land;adopting a land supply restructuring approach that counteracts the housing price could partially offset the negative effects of decreased land supply on total output as well as the population migrated from rural areas.

Cite this article

ZHOU Shao-fu , SHU Peng . Land supply structure, agricultural transfer population and urban - rural business cycle in China[J]. Urban Problems, 2023 , 340(11) : 4 -14 . DOI: 10.13239/j.bjsshkxy.cswt.231101

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