The Impact Of County-to-distrcit Reform On Land Finance Of Urban Government

The Setting County to District has been concerned by the society and the academic circles since its birth.However,from the whole process of academic research,we find that the existing research mainly attributes the policy impact of the adjustment of setting districts by withdrawing counties to two points,namely,the expansion of urban space and the adjustment of power of municipal and County governments.However,there are two shortcomings in the existing research: first,the discussion mainly stays at the level of theoretical analysis;second,the negative effects of a large number of cases seem to contradict the rising upsurge of withdrawing counties and establishing districts.Therefore,the author takes the land transfer price and the land resources owned by the city government before and after the withdrawal of counties and districts as observation variables to observe the impact of the withdrawal of counties and districts on the land finance of the city government,which is also a supplement to the policy effect.This paper takes the land financial resources as a typical representative to observe the impact of The Setting County to District on the land financial power and resources of municipal governments(mainly referring to the relevant authority of land transfer and land transfer funds).Of course,the reason for the typical representation of land financial power and resources lies in the impulse of the government itself to expand land financial resources,and the feasibility of the municipal government to expand land finance under the adjustment of withdrawing counties and establishing districts.This may be achieved mainly through the following two points.Firstly,under the background of authority adjustment,the city government centralized the land finance related authority of peripheral counties by withdrawing counties and setting up districts,and realized the expansion of land financial resources.Secondly,under the distribution pattern of "center-periphery" of urban land transfer price,the land transfer price of the main urban area is high,the land transfer price of the periphery area is low,and the land transfer price of the periphery area is usually the base price standard of the central area.After the withdrawal of the periphery counties and the establishment of districts into the new jurisdiction of the city,there is no doubt that a periphery layer of land has been added to all the land in the original area of the city.Price reference refreshes the basic base price of land transfer in the main urban area,and brings up the standard of land transfer price in the main urban area.Firstly,the author uses the urban panel data to analyze the policy variables and dependent variables of land transfer income in the withdrawal of counties and urban areas respectively.Through the regression analysis of the two-way fixed effect model,the author finds that the withdrawal of counties and districts really brings about a significant increase in land transfer income in the main urban areas of the city.Furthermore,after subdividing the use of land transfer,the author finds that the withdrawal of counties and districts mainly brings about the increase of land transfer income.Increase in income from urban residential land transfer.Then,the paper analyses the mechanism of the increase of land transfer income caused by the withdrawal of counties and districts,and finds that in the long run,after the withdrawal of counties and districts,the municipal government can obtain the expansion of land financial resources through the smooth recovery of land approval and other related authority,thus expanding land transfer income;in the short run,the withdrawal of counties and districts mainly through the second path.Sounds the city land price.The author takes the land transfer price as dependent variable and the withdrawal of counties and districts as policy variable to carry out bidirectional fixed effect regression.The results show that the withdrawal of counties and districts significantly increases the land transfer price of residential land in the main urban area.Then the author makes a logical analysis of the reasons for the increase of land transfer price caused by the withdrawal of counties and districts,and constructs a panel VAR model based on the land price data between the main urban area and the new urban area.The VAR model proves that when the price standard of residential land transfer in the peripheral area rises,it can indeed bring the price standard of residential land transfer in the main urban area to rise.Finally,a multiple regression model is established based on the average data of counties from 07 to 11 years.It is found that the higher the land transfer price of a county is,the more likely it is to be selected as the goal of county withdrawal.Through the above empirical research,we find that the urban government uses the reform of withdrawing counties and setting up districts to influence the land transfer price in the main urban area through the following path: transforming the county or county-level cities with higher land transfer price into municipal districts,and setting up a higher land transfer price in the periphery of the main urban area under the distribution pattern of "center-periphery" of urban land price.The lower limit standard brings about a general increase in the average price of land transfer in the main urban area.Through this paper,we find that the municipal government can obtain the land financial resources through the relevant authority such as land remising in the long run,with the relationship between cities and counties will be transformed into the relationship between cities and district;In short-term,the government get the final growth of urban land incom by promoting the rising of land transfer price standard in the central region.The Setting County to District shape a new distribution pattern of urban land prices,the land transfer price standard in the central region will raise through the determination of the transfer price of urban periphery land.