摘要
财政分权背景下地方政府的财政约束和政府竞争是导致土地价格结构性偏离的根本原因。地方政府存在拉升商业用地和居住用地出让价格的倾向,金融宽松环境和投机行为盛行会使这两种土地出让价格存在正向偏离其理论地价的可能;而地方政府对流动性税基的争夺过程会导致工业用地出让价格低于其理论价格。工业用地价格与商业和居住用地价格正是在政府这两种反作用力量的作用下出现结构性偏离。
Structural deviation of the transfer prices exists between industrial land and commercial and residential land in China.After analyzing the relationship of transfer price and fundamental value of land,the paper holds that the structural deviation of land prices cannot be totally explained by market fundamental changes,but by financial constraints and intergovernmental competition under the institution of fiscal decentralization.Local governments may tend to pull up the prices of commercial land and residential land to ease the financial constraints.Under the environment of the relaxed financial environment and the prevalence of speculation,commercial land and residential land prices maybe have a positive deviation from their theoretical prices.However,the price of industrial land is lower than theoretical value because of the intergovernmental competition of tax base,leading to the efficiency decline of industrial land use.Based on these,structural deviation of the transfer prices exists and changes in the roles of two opposite forces of local government.
出处
《财经科学》
CSSCI
北大核心
2011年第3期49-57,共9页
Finance & Economics
关键词
财政约束
政府竞争
土地出让
价格偏离
Financial Constraints
Government Competition
Land Transfer
Price Deviation
