题目：Place-based Land Policy and Spatial Misallocation: Evidence and Theory from China

演讲人： 黄子彬（上海财经大学 助理教授）

时间：2021年9月14日（周二）12:00-13:00

地点：同济大厦A楼306室

摘要: 

We study how place-based land allocation policy can create spatial misallocation. Combining microdata and a spatial equilibrium model, we investigate a major policy change of distributing more land to underdeveloped inland (non-eastern) regions in China. First, by a method combining RD and DID, we show causal evidence that this inland-favoring policy increased land prices and decreased firm-level TFP in developed eastern regions relative to inland regions. Second, we build a spatial equilibrium model featuring worker mobility and floor space constraints on housing and production. Counterfactuals reveal that national TFP and urban output would have been 7.3% and 2.4% higher in 2010 if the policy had not been implemented. Moreover, wage and income of workers from underdeveloped regions would have increased by 1% to 2%. We find that the inland-favoring policy seems to reduce regional output gaps. However, it not only causes aggregate TFP and output losses, but also hurts workers from underdeveloped regions by hindering their migration to developed regions with high wages. Last, we show that instead of the inland-favoring land policy, a direct regional transfer can increase the income of people from underdeveloped regions without causing too much efficiency loss.

个人简介：

黄子彬，美国罗切斯特大学经济系博士，目前担任上海财经大学商学院助理教授。黄子彬的主要研究领域为劳动经济学，城市经济学与教育经济学。他长期关注中国的人口迁移，城市化及流动、留守儿童问题。同时，他在进行有关电子商务、信息化平台和工作外包对劳动力市场的影响的研究。