Research On The Influence Of Land Finance And Urbanization Level On Industrial Structure Upgrading

Since the new century,there has been a wave of urban construction across the country.Along with the process of rural population migration to cities,the pace of urban construction is accelerating,requiring a large amount of construction land and commercial and residential land.The demand for land is becoming increasingly high,land transactions are becoming more frequent,and trading proceeds in the market.The revenue from state-owned land sales is part of government revenue.With the increase in financial power after the "tax-sharing system ",the local government's income has a gap,and local governments are increasingly dependent on land finance.At the same time,since the economy entered the new normal,the pace of economic development in China has further slowed down.In the process of promoting economic development,China's industry is facing the pressure of upgrading,and actively promoting the upgrading of industrial structure has become one of the main contents of current economic development.This paper mainly studies how the level of land finance and urbanization affects the upgrading of industrial structure from an empirical perspective.And on this basis,put forward corresponding policy opinions.This paper is divided into six chapters.The first chapter is the background of the research and the significance of the research.The second chapter is to sort out the literature related to this paper.The third chapter sorts out the related theories of land finance,urbanization and industrial structure upgrading.The mechanism of research variables is discussed.The fourth chapter describes the overall situation of industrial structure upgrading in China at the present stage by statistical methods.The fifth chapter empirically tests the impact of land finance and urbanization level on industrial structure upgrading from 1998 to 2016,and further analyzes the land.The regional heterogeneity of the impact of fiscal and urbanization on industrial structure upgrading and the mediating effect of land finance and urbanization on industrial structure upgrading;Chapter 6 is the main conclusion and corresponding policy recommendations.The study found that:(1)the impact of land finance on urbanization and the impact of land finance on industrial structure upgrading are'"inverted U" type;when land financial dependence is less than 0.71,land finance is conducive to industrial structure upgrading.When the land finance is greater than 0.71,the land finance is not conducive to the upgrading of the industrial structure.(2)There are regional differences in the impact of land finance on industrial structure upgrading.The specific performance,the eastern region is "U" type,the central region and the western region are "inverted U"type;the land finance has a significant impact on the industrial structure upgrade in the eastern and central regions,but it is not significant to the western region.(3)With the continuous improvement of the level of urbanization,the local government's dependence on land finance has shifted to the left of the impact of regional industrial structure upgrade;the impact of local government's dependence on land finance on the upgrading of industrial structure has entered.The decreasing interval;the time for the local government to promote the role of the financial support of the land to promote the upgrading of the industrial structure has become shorter,and it has entered the range of adverse effects on the upgrading of the industrial structure.The marginal benefit of industrial structure upgrading is not only affected by the financial dependence of land,but also decreases with the increase of urbanization level.(4)There is a mediating effect on the impact of land finance on the upgrading of industrial structure.The specific performance,when the local government's dependence on land finance reaches a certain level,in addition to hindering the upgrading of industrial structure,it also indirectly affects the upgrading of industrial structure by affecting the level of urbanization.Based on this,this paper believes that the current level of urbanization is generally beneficial to the upgrading of industrial structure;local government's dependence on land finance does not hinder the upgrading of industrial structure when it is moderately appropriate,when the local government's financial dependence on land reaches a certain degree.After that,it will hinder the upgrading of industrial structure.At present,the influence of local government's dependence on land finance on industrial structure upgrading is obviously different from that in the central and western regions.The increase of local government's dependence on land finance is not conducive to the upgrading of industrial structure in the eastern region;It should increase the way local governments obtain income through other channels.