China's macroeconomic under the nonpublic land ownership system
| Variable | GDP | Output value of the “industrial sector” | Output value of the “commercial sector” | Fiscal revenue | Infrastructure investment | Infrastructure capital stock | Resident Welfare |
|---|---|---|---|---|---|---|---|
| Percentage decrease compared to baseline model | 36 | 42 | 25 | 38 | 40 | 41 | 34 |
| Variable | GDP | Output value of the “industrial sector” | Output value of the “commercial sector” | Fiscal revenue | Infrastructure investment | Infrastructure capital stock | Resident Welfare |
|---|---|---|---|---|---|---|---|
| Percentage decrease compared to baseline model | 36 | 42 | 25 | 38 | 40 | 41 | 34 |
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