The Land Development Game in China

The book describes how land plays a central role in the rapid economic growth of a Chinese region (with the fictitious name of “Dragon County”). Concerned with grain self-sufficiency, the national government of China employs a central planning approach to control the amount of farmland to be converted to urban uses each year. However, the scarcity of land development rights creates high incentives for various local players to evade national policies. Supported by a large number of specific examp