ORIGINAL RESEARCH article
Front. Environ. Sci.
Sec. Land Use Dynamics
Volume 13 - 2025 | doi: 10.3389/fenvs.2025.1659821
This article is part of the Research TopicMoving Towards Sustainable Development: Exploring the Impact of Land-Use Policies on Land Green Utilization EfficiencyView all 23 articles
The Impact of Land Finance Dependence on Green Economic Efficiency: Evidence from China
Provisionally accepted
- Shanghai University of Finance and Economics School of Finance, Shanghai, China
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China's reliance on land finance poses challenges to green economic efficiency. This study examines how local governments' land finance dependence affects green economic efficiency, using panel data from prefecture-level cities and a super-efficiency SBM model. Findings show that land finance dependence significantly reduces green economic efficiency, particularly in non-resource-based, environmentally protected, and urban agglomeration cities, by diverting fiscal resources to short-term development and increasing debt risks. Policy reforms are recommended to reduce land finance dependence and promote sustainable fiscal incentives.
Keywords: Land finance dependence, Green economic efficiency, SBM model, environmentalgovernance, Local government debt risk, Fiscal reform
Received: 04 Jul 2025; Accepted: 23 Sep 2025.
Copyright: © 2025 Guo. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence: Chunyu Guo, sufegcy@163.sufe.edu.cn
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