Work

The impact of land finance dependence on green economic efficiency: evidence from China

Year: 2025

Type: article

Abstract: China’s reliance on land finance poses challenges to green economic efficiency. This study examines how local governments’ land finance dependence affects green economic efficiency, using panel data from prefecture-level cities and a super-efficiency SBM model. Findings show that land finance dependence significantly reduces green economic efficiency, particularly in non-resource-based, environmentally protected, and urban agglomeration cities, by diverting fiscal resources to short-term development and increasing debt risks. Policy reforms are recommended to reduce land finance dependence and promote sustainable fiscal incentives.

Source: Frontiers in Environmental Science

DOI: 10.3389/fenvs.2025.1659821

Author: Chunyu Guo

Institution: Shanghai University of Finance and Economics

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Sustainable cities and communities, Climate action, Responsible consumption and production

Open Access status: gold

Estimated APC paid: $3,801