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Land Market Adjustment Under Geopolitical Uncertainty and External Economic Pressure

Evidence From the US –China Trade Conflict

Dados Bibliográficos

ID21393025
AutoresSixuan Li (0000-0001-8657-6542, School of Economics and Trade Hunan University Changsha China), Zhi Su (0009-0002-2758-6016, School of Economics and Trade Hunan University Changsha China), Hangtian Xu (0000-0002-0178-9213, School of Economics and Trade Hunan University Changsha China, autor correspondente)
Ano2026
Data de publicação2026-04-16
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoScottish Journal of Political Economy (JOURNAL)
Identificadores do periódicoISSN: 0036-9292 • E-ISSN: 1467-9485
EditoraWiley (PUBLISHER • GB)
DOI10.1111/sjpe.70071
OpenAlexW7154731934
IdiomaEN
Referências citadas52

This paper examines the impact of the 2018 US–China trade war on China's industrial land supply using a novel dataset of 2.5 million land transactions from 2010 to 2023. We find that despite the trade war's adverse demand shock on exports, industrial land supply experienced a significant expansion. This increase was particularly pronounced in peripheral cities where land availability is abundant, rather than in core cities where industrial land utilization is more efficient. We interpret this phenomenon as a strategic response to heightened geopolitical uncertainty, characterized by defensive industrial expansion through hinterland development and the establishment of industrial backup capacities

Backup · Core (optical fiber) · Geopolitics · Land use · Phenomenon · Shock (circulatory) · Supply and demand · Trade war · Economic and Technological Innovation · Market Dynamics and Volatility · Regional resilience and development

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