Study On Resource Allocation Effects Of Land Price

As the indispensable factor, land resources has a close relationship with economic development.Recent years,land resources have made a significant contribution to economic development.A large number of newly released land resources have provided strong support for the rapid economy growth.However,the bottleneck restraints on economic growth have also become more and more obvious.In order to coordinate the contradiction between the land resources and the economy growth, and to maintain sustainable economic development and sustainable utilization of land resources.We have to abandon the old fashioned land resource oriented economic development style, changing the economic development mode, and adopting the efficiency driving development mode. The core approach of this change is to improve the city land allocation efficiency.The introduction of market mechanisms appear to be the key point.As the core mechanism,the land price system has played basic role in allocate of land resources, and has found its theoretical basis of land economics.Further more,our government sector is paying more attention to the land price which is used for a control measure for improving efficiency of land resource allocation.However, the land price could be distorted on it’s forming,functioning and regulation process.The result will be inevitable is that the resource allocation is inefficient.Only reasonable land price can realize the optimization of resource distribution. Therefore,towards land resource allocation effect,there will be a variety of possibilities under different conditions and different institutional arrangements.As an important economic lever in the government regulation of land resource allocation.What influence land price has made to the land resources allocation? How to take appropriate measures to ensure that land prices play a role in optimizing the allocation of resources.This will require further research on the relationship between the land price and the system of land resources allocation.This paper briefly introduces the study background,basic concepts,research objectives and contents,research methods and technology route.And a review of the mechanism of land resources allocation and efficiency,Influence factors of city land resources allocation and dynamic mechanism, effect of land price on land resources allocation,factors hindering land effectively to optimize the allocation of resources function,and related research at home and abroad.and a brief introduce of the theoretical basis of this research.In order to grasp the logic of analysis,and a better understanding of the whole whole thesis, this study will put the relationship between land prices and land resources allocation in the whole system,during the process of analysis on the general effect of land price on land resources allocation,define the value goal of land optimal allocation of land resources,determine the premium on resource allocation results evaluation standard,and construct a analysis frame of the full text.Provide necessary logical structure for the following systematic analysis on the effect of land price on land resources allocation.To grasp the urban land resources allocation effects of the land price fully, the paper studied the resource allocation effects of land price in Nanjing which land supply and demand intensely and land market more comprehensive. By the production function model, this paper studied land price allocation effect on the urban land scale under the government intervention and imperfections market environment.Using geostatistical analyst extension of ArcGIS, this paper analyzed the land price sample data and studied layout of urban land adjusted by land price in Nanjing.Using gray correlation analysis this paper studied the coupling relationship between land price and land use efficiency.The results indicate that:(1) There was a significant negative correlation between excessive expansion area of urban land and the price inosculate degree in land market. With the gradual improvement of the land market prices inosculate degree, the proportion of urban over-expansion area gradually decreased.During the period of 1999-2011, new urban land area for a total of 458 square kilometers were added in Nanjing.During this period,the number of urban land scale over-expansion was 122.65 square kilometers. The proportion of excessive expansion urban land area was 26.82%.Before 2006, the proportion of urban over-expansion area was more than 20%.After 2007, the proportion of urban over-expansion area maintained at about 15%.The land market price inosculate degree was an important factor in the impact of excessive expansion urban land. (2)After years of urban land system reform of compensation use, land price has played a significant role on urban land spatial layout in Nanjing.Under the affect of land price, the land spatial layout of Nanjing is basically the same with the spatial layout of Alonso’s land bid-rent model.Overall, the urban land spatial structure presents circle morphology. The land type distribution from the city’s center to the edge is:commercial land, residential land and industrial land.However, the curve intersection of the various land price-distance is very close, reflecting the moderating effect of land price on urban land layout is not ideal, which leads urban land use zoning not obvious.(3) There is a significantly positive correlation between land price and land use efficiency in Nanjing.Land price has played a role of economic leverage on land use efficiency. There is an obvious correlation between integrated land price changes and land use efficiency.The gray correlation between them is 0.7478. Except 2001 and 2008, which appeared contrary fluctuations, other years showed strong consistency in the direction of increase or decrease.There are differences in the correlation degree between land price and land use efficiency. The correlation degree between commercial land price and land use efficiency is the highest.The gray correlation is 0.7519.The correlation coefficient between residential land price and land use efficiency volatile severely.Their gray correlation is 0.7137. The correlation degree between industrial land price and land use efficiency is the lowest.Their gray correlation only is 0.6195.Based on the results of the empirical study,this paper further studied the factors on the urban land resource allocation effect played by the land price.Explored the reasons for land price not achieved land resource allocation objectives and the reasons for resource allocation effects of urban land presents a variety of directionality. What effect have played by the land price on the urban land resource allocation,mainly depends on the state of the land price. Whether the land price can reflect the land economic value accurately,land price volatility changes can reflect real market supply-demand,land price structure system is sound and reasonable. Those lead to the land resources allocation effect has many possibilities.Although the land price have the function of resource allocation,the effect may be not more effective of negative.That is to say, the change of land price have positive and negative effects on urban land resources.Reasonable land price changes can correctly guide the behavior of the market players,optimize urban land resources, improve urban land use efficiency.Irrational and distorted land price mislead the behavior of market players, resulting in inefficient use and waste of urban land resources, causing chaos of urban land use structure and layout, affect the urban land economic function played efficiently.Overall, the general level of land price, land price volatility, land structural system influenced by the land market environment and government intervention.Balanced land price can be achieved under the perfect market conditions. Land price can objectively reflect the change of land supply and demand, reflecting the true value of the land, thus enabling resource allocation tend to Pareto optimal.In contrast, under imperfect land market, the mechanism of land prices is distorted, leading to land be used extensively, urban scale sprawl and land use structure irrational.Government can play an important role in bridging the deficiencies of tland market itself,also can cultivate the land market.Moderate government intervention can make a rational land market price, and make land price play a role in optimizing resource allocation. On the contrary, excessive government intervention may undermine market order competition, further distort the land price, resulting in its resource allocation function can not be well played, adversely affect the allocation of resources.Based on the above study results,this paper argues that land price has played an basic and effective part in land resource allocation.But land prices are distorted and its function to optimize the land resources allocation is affected aunder the influence of the external environment,including market conditions and government intervention, during the transformation period. Finally, in order to give full play to the positive effect of land price on land resources allocation, and to avoid or reduce the negative effect, to realize this goal of optimizing the allocation of land resources in the city,this paper advises that we need to correct the distored land price and create a good market environment and institutional system in which reasonable land price can be formed and operating.