{"title":"Urban spatial structure and firm growth: Evidence from China","authors":"","doi":"10.1016/j.landusepol.2024.107278","DOIUrl":null,"url":null,"abstract":"<div><p>In the context of China's continued promotion of new urbanization and development of urban land, it is significant for China to create high-quality urban spatial structures with a concentration of the main center and a diversion of other areas in shaping spatial new drivers of economic growth. We measure urban spatial structures in China using land plot location and floor area ratio (FAR) information. Then, we explore how the urban spatial structure affects firm growth. We find that a high-quality urban spatial structure can promote firm growth by reducing firms’ average costs and increasing firms’ total factor productivity. Further analysis reveals that the spatial structures formed by various activities have different effects on firm growth. High-quality spatial structures only promote firm growth in monocentric cities. Government intervention under growth competition and fiscal revenue maximization significantly weaken the firm growth effect of high-quality urban spatial structures. Our findings help policymakers improve urban land use policies with location characteristics and promote firm growth.</p></div>","PeriodicalId":17933,"journal":{"name":"Land Use Policy","volume":null,"pages":null},"PeriodicalIF":6.0000,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Land Use Policy","FirstCategoryId":"90","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S026483772400231X","RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
In the context of China's continued promotion of new urbanization and development of urban land, it is significant for China to create high-quality urban spatial structures with a concentration of the main center and a diversion of other areas in shaping spatial new drivers of economic growth. We measure urban spatial structures in China using land plot location and floor area ratio (FAR) information. Then, we explore how the urban spatial structure affects firm growth. We find that a high-quality urban spatial structure can promote firm growth by reducing firms’ average costs and increasing firms’ total factor productivity. Further analysis reveals that the spatial structures formed by various activities have different effects on firm growth. High-quality spatial structures only promote firm growth in monocentric cities. Government intervention under growth competition and fiscal revenue maximization significantly weaken the firm growth effect of high-quality urban spatial structures. Our findings help policymakers improve urban land use policies with location characteristics and promote firm growth.
期刊介绍:
Land Use Policy is an international and interdisciplinary journal concerned with the social, economic, political, legal, physical and planning aspects of urban and rural land use.
Land Use Policy examines issues in geography, agriculture, forestry, irrigation, environmental conservation, housing, urban development and transport in both developed and developing countries through major refereed articles and shorter viewpoint pieces.