KAI KAJITANI - Academia.edu (original) (raw)
Papers by KAI KAJITANI
SpringerBriefs in economics, 2022
SpringerBriefs in economics, 2022
Originally published as 梶谷懐「第7章 土地市場と地方政府のレント獲得行動」『現代中国の財政金融システム』、財団法人名古屋大学出版会、2011年、167-188
SpringerBriefs in economics, 2022
SpringerBriefs in economics, 2022
Chinese Land Markets China maintained rigid state ownership of public lands under its planned eco... more Chinese Land Markets China maintained rigid state ownership of public lands under its planned economy until the mid-1980s. The 1986 Land Administration Law of the People's Republic of China Land Administration Law established the legal underpinnings for management of land under public ownership. In 1987, Shenzhen became the first city to sell the rights to state-owned urban lands, initiating a system whereby regional governments sell land-use rights to private developers and invest the funds in urban infrastructure. Its approach was modeled after urban development in Hong Kong under British governance. Its legal foundations were provided by the Constitution and the Land Administration Law. 1 Deng Xiaoping's 1992 South China Tour speech sparked China's first real estate development boom the new land enclosure movement. Urban development through commercial transfer of land-use rights spread, primarily among China's coastal cities. Real estate as a percentage of
SpringerBriefs in Economics, 2022
Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of... more Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of Chinese fiscal system to that of India. According to them, the former is “de jure” federation, and later is “de facto” federation. And from the perspective of economic performance, “de facto” federation dominated “de jure” one. But is it really fair judgment? Actually, China's economic performance dominated India in the incentive of local economies, but it is accompanied the problems such as the segmentation of financial market and the rent seeking action of local governments in the factor market. During Chinese reform era, the integration of market, especially factor market had not developed enough. Under such regionally segmented financial market, local government had been increasing their revenue, through the bargaining to the central government about revenue, or some rent-seeking action by intervening into the market.
Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of... more Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of Chinese fiscal system to that of India. According to them, the former is “de jure” federation, and later is “de facto” federation. And from the perspective of economic performance, “de facto” federation dominated “de jure” one. But is it really fair judgment? Actually, China's economic performance dominated India in the incentive of local economies, but it is accompanied the problems such as the segmentation of financial market and the rent seeking action of local governments in the factor market. During Chinese reform era, the integration of market, especially factor market had not developed enough. Under such regionally segmented financial market, local government had been increasing their revenue, through the bargaining to the central government about revenue, or some rent-seeking action by intervening into the market.
Journal of economics and business administration, 2014
Industrial Dynamics in China and India, 2011
Many recent studies show that enterprises in both China and India have more problems with “misall... more Many recent studies show that enterprises in both China and India have more problems with “misallocation” than US companies do, and this leads to low productivity.
SpringerBriefs in Economics, 2022
![Research paper thumbnail of Chugoku no Tochi Seiji: Chuo no Seisaku to Chiho Seifu [China’s Land Politics: State Land Policy and the Local Government]](https://attachments.academia-assets.com/83628168/thumbnails/1.jpg)
](Journal of Contemporary East Asia Studies, 2017
View Crossmark data same time, scholars strive to avoid ideologically driven wishful thinking. It... more View Crossmark data same time, scholars strive to avoid ideologically driven wishful thinking. It is thus highly commendable that the author restrained himself to mapping out the direction and the range of choices available for the hypothetical reforms, thus setting up further research questions without falling into any of the above-mentioned traps. The research method developed throughout the book falls under the "orthodox positivist" category. The greatest accomplishment of the book is that it comprehensively and with a great skill depicts the patterns of coexistence between the new socioeconomic elite and the CCP, fully revealing the underlying mechanisms behind the Chinese political drama. Further, given the quality of the book, it is no wonder that it was awarded the 34th Institute of Developing Economies (IDE) "Developing Countries Research Encouragement Award", thus making Dr Suzuki's "Zhongnanhai Study Group" comrades proud and jubilant. Having discussed at length the scholarly contributions of Dr Suzuki's monograph, I would like to conclude by reiterating that the book is a milestone achievement of the "Zhongnanhai Study" in Japan, and as such fully deserves to be publicized outside Japan (both in China and in the Anglosphere), with its crisp and lucid style particularly well-suited to the high demands of the leading English language journals.
Journal of Chinese Economic and Business Studies, 2016
SpringerBriefs in economics, 2022
SpringerBriefs in economics, 2022
Originally published as 梶谷懐「第7章 土地市場と地方政府のレント獲得行動」『現代中国の財政金融システム』、財団法人名古屋大学出版会、2011年、167-188
SpringerBriefs in economics, 2022
SpringerBriefs in economics, 2022
Chinese Land Markets China maintained rigid state ownership of public lands under its planned eco... more Chinese Land Markets China maintained rigid state ownership of public lands under its planned economy until the mid-1980s. The 1986 Land Administration Law of the People's Republic of China Land Administration Law established the legal underpinnings for management of land under public ownership. In 1987, Shenzhen became the first city to sell the rights to state-owned urban lands, initiating a system whereby regional governments sell land-use rights to private developers and invest the funds in urban infrastructure. Its approach was modeled after urban development in Hong Kong under British governance. Its legal foundations were provided by the Constitution and the Land Administration Law. 1 Deng Xiaoping's 1992 South China Tour speech sparked China's first real estate development boom the new land enclosure movement. Urban development through commercial transfer of land-use rights spread, primarily among China's coastal cities. Real estate as a percentage of
SpringerBriefs in Economics, 2022
Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of... more Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of Chinese fiscal system to that of India. According to them, the former is “de jure” federation, and later is “de facto” federation. And from the perspective of economic performance, “de facto” federation dominated “de jure” one. But is it really fair judgment? Actually, China's economic performance dominated India in the incentive of local economies, but it is accompanied the problems such as the segmentation of financial market and the rent seeking action of local governments in the factor market. During Chinese reform era, the integration of market, especially factor market had not developed enough. Under such regionally segmented financial market, local government had been increasing their revenue, through the bargaining to the central government about revenue, or some rent-seeking action by intervening into the market.
Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of... more Some researchers, who study local fiscal system or fiscal federalism, emphasize the domination of Chinese fiscal system to that of India. According to them, the former is “de jure” federation, and later is “de facto” federation. And from the perspective of economic performance, “de facto” federation dominated “de jure” one. But is it really fair judgment? Actually, China's economic performance dominated India in the incentive of local economies, but it is accompanied the problems such as the segmentation of financial market and the rent seeking action of local governments in the factor market. During Chinese reform era, the integration of market, especially factor market had not developed enough. Under such regionally segmented financial market, local government had been increasing their revenue, through the bargaining to the central government about revenue, or some rent-seeking action by intervening into the market.
Journal of economics and business administration, 2014
Industrial Dynamics in China and India, 2011
Many recent studies show that enterprises in both China and India have more problems with “misall... more Many recent studies show that enterprises in both China and India have more problems with “misallocation” than US companies do, and this leads to low productivity.
SpringerBriefs in Economics, 2022
Journal of Contemporary East Asia Studies, 2017
View Crossmark data same time, scholars strive to avoid ideologically driven wishful thinking. It... more View Crossmark data same time, scholars strive to avoid ideologically driven wishful thinking. It is thus highly commendable that the author restrained himself to mapping out the direction and the range of choices available for the hypothetical reforms, thus setting up further research questions without falling into any of the above-mentioned traps. The research method developed throughout the book falls under the "orthodox positivist" category. The greatest accomplishment of the book is that it comprehensively and with a great skill depicts the patterns of coexistence between the new socioeconomic elite and the CCP, fully revealing the underlying mechanisms behind the Chinese political drama. Further, given the quality of the book, it is no wonder that it was awarded the 34th Institute of Developing Economies (IDE) "Developing Countries Research Encouragement Award", thus making Dr Suzuki's "Zhongnanhai Study Group" comrades proud and jubilant. Having discussed at length the scholarly contributions of Dr Suzuki's monograph, I would like to conclude by reiterating that the book is a milestone achievement of the "Zhongnanhai Study" in Japan, and as such fully deserves to be publicized outside Japan (both in China and in the Anglosphere), with its crisp and lucid style particularly well-suited to the high demands of the leading English language journals.
Journal of Chinese Economic and Business Studies, 2016