Analyzing the factors influencing the choice of the government on leasing different types of land uses: Evidence from Shanghai of China

In this paper, the factors influencing the choice of the government on leasing different types of land uses in Shanghai of China are investigated. Based on the literatures and the interview with the officials of the Departments of Planning and Land Authority in Shanghai, some variables of the mathematical model for land leasing in Shanghai are presented. Then a multinomial logit model is proposed to estimate the probability and analyze the factors influencing the government on choosing different types of land uses. Based on the districtlevel data from 2003 to 2014, the regression results are obtained from the multinomial logit model. The results show that the area of land, the distance between the land and the city center, the distance between the land and the district center, real estate price, gross domestic product (GDP), paid-in foreign investment, tenure of party secretary of the district, promotion of district mayor to party secretary of the district, and industrial park have significant effects on the choice of the government on leasing land to different types of land uses in Shanghai. And the policy implications for land leasing in Shanghai are proposed.