This paper investigates the relationship between the three forms of social capital, i.e., social norms, social network, and trust, on the effectiveness of land use policies. Both long-term and short-term policy outcomes are considered in the proposed analytical framework. Benefiting from a...

This study is a response to the call for further research on infrastructure financing from China in the 2019 special issue of Urban Studies on “Funding, Financing and Governing Urban Infrastructures”. We develop a theoretical model to investigate the complex relationship between local...

Local governments practice infrastructure development as a strategy to attract private investment and promote local economic growth in China. This paper investigates how private sectors react to new infrastructure investment by emphasising private investment in land. Our theoretical model shows...

As COVID-19 is pervasive in the globe, governments in different countries face a dilemma between restricting the transmission risk of the virus by social distancing and maintaining economic activities. Inadequate social distancing policies lead to more infected cases and deaths, while some...

This study investigated government speculation on spillover effect in the housing market based on a quasi-experiment related to the house purchase restriction (HPR) policy in China. Using a difference-in-differences research method and the HPR policy applying between 2016 and 2017 in China, this...

The study applies an endogenous switching probit model, using the data from the China Household Finance Survey (CHFS). Not only does it explore the joint decision mechanism between housing purchase and entrepreneurship, but also the (treatment) effect of housing-purchase on entrepreneurship. The...