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The Impact Of The Local Government’s Asset-Liability Structure On Real Estate Risk

Posted on:2023-07-25Degree:MasterType:Thesis
Country:ChinaCandidate:N MengFull Text:PDF
GTID:2569306938988989Subject:Finance
Abstract/Summary:PDF Full Text Request
China’s advancement of land is focused on really working on individuals’personal satisfaction and effectively advancing financial turn of events.In 2003,my nation decided the tradability of state-possessed land through offering,closeout,posting and arrangement move,and when the housing market was blasting,land turned into the main kind of revenue.Under the ongoing monetary administration framework,the principal type of tax collection can presently not address the issues of neighborhood government advancement."Land finance" is for the most part founded on the exchange of land use privileges,and the pay from land move is its principal extra-monetary Type of revenue.Simultaneously,the rising property market drives the interest for land assets,yet in addition builds the connected expenses and charges on business lodging,consequently expanding the obligation weight of neighborhood states;reinforcing government credit is helpful for government funding.In light of the examination of existing researchers,this paper breaks down the impact and transmission component of government resource obligation structure on land risk from a hypothetical level,and dissects the connection between land hazard and nearby government’s resource responsibility structure.Then,in light of the hypothetical examination and numerical investigation of this.paper,an experimental model is built to test the effect of the nearby government’s resource responsibility structure on land risk;the fixed-impact model is utilized to exactly dissect both the land risk and the neighborhood government’s resource obligation structure,and to notice different monetary Contrasts between improvement level and occupants’ pay.At last,the approach proposals of this paper are advanced.The investigation discovered that the nearby government’s resource responsibility structure essentially affects neighborhood land chances,and the finish of resource risk proportion,obligation reliance and obligation trouble is no different for all areas,districts and independent locales the nation over.To this end,it is important to change the public authority’s attention to the obligation emergency and work on the job of the public authority’s resources and liabilities to neighborhood legislatures.Also,my nation’s resources and obligation piece distinctively affect provincial land.Contrasted and districts with enormous financial volume and high per capita pay,areas in my country with little monetary volume and low per capita pay level ought to focus closer on controlling the resources in the locale.also,obligation structure.
Keywords/Search Tags:asset-liability structure, real estate risk, asset-liability ratio,debt dependence,debt burden ratio
PDF Full Text Request
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