Modeling the polycentric evolution of post-Olympic Beijing: an empirical analysis of land prices and development intensity

The Dynamic Impacts of Employment Subcenters on Residential Land Price in Transitional China: An Examination of the Beijing Metropolitan Area

“…First, this paper has supplied evidence that land price has also been affected by employment subcenters from a dynamic view, and that the effects will increase with the development of subcenters. Second, this paper further shows that the polycentric models are also effective in a transitional economy, in which land use is dominated by both the land market and the government [7,36,57]. Third, many omitted variables that can affect land price have been added as control variables, which excludes the effect of unobserved variables on land price.…”

“…The land market has, on the one hand, forced industries to move to the suburbs, which has given rise to the development of the suburbs; on the other hand, land leasing has become local governments' primary revenue source [33,34]. This has promoted suburbanization and urban sprawl, which creates the condition for the emergence of subcenters [35,36]. The second force is urban planning.…”

“…The second perspective is employment distribution, with many studies confirming the emergence of employment subcenters [18,19,42]. The third perspective is land price, with most existing studies reflecting consensus on the effect of distance from the CBD in Beijing [11,12,43,44], while a few also show multiple urban centers to explain more of the variations in land and housing prices [15,36]. However, the effect of employment subcenters on land value remains an understudied topic.…”

“…Land and housing markets are a typical field of application for such models, because a land or house is a bundle of utility-generating attributes rather than a single-attribute commodity [28,[46][47][48]. Therefore, the Hedonic model has been applied in a large number of studies on the determinants of residential property or land values, where land prices are regarded as a (possibly nonlinear) function of each characteristic of the land parcels [11,28,36,46]. These characteristics include the structural attributes, neighborhood attributes, and location attributes of land parcels.…”

Comparing Sustainable Universities between the United States and China: Cases of Indiana University and Tsinghua University

“…First, political context influences the organizational structure of the university with respect to implementing sustainability programs and practices. China's political regime is a highly centralized one, within which higher levels of government exercise a great deal of authority over lower-level branches [48][49][50]. This hierarchical character is embedded in the governance institutions of Chinese universities.…”