摘要
Abstract
The failure to explain the Chinese mode of growth can be attributable to the fatal mistakes of neoclassical economics. Based on the new theory of price, which suggests that competition takes place among consumers and produc ers separately, the behaviors and the market role of local governments are re-ex plained. The explanation suggests that land finance is the core of Chinese mode of growth. Land finance makes a special business model for Chinese local govern ments. The land finance, which has been criticized widely, could be improved al though it cannot be explained by the neoclassical economics.关键词
土地财政/价格理论/城市增长Key words
land finance/ price theory/ growth model分类
建筑与水利
