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Keywords: Land transfer price
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Journal Articles
Option effect of land transfer by city governments: a case study of Hangzhou
Available to Purchase
Journal of Property Investment & Finance (2021) 39 (6): 510–524.
Published: 11 December 2020
... the option value of the trading plots. The effect of the option value on the land transfer price and the timing of transfers are estimated respectively, using the hedonic price model and the survival analysis models. Findings The results show that the option value has a significant explanation on land...
