Regulatory Arbitrage by Governments
Investigating how local governments strategically respond to imbalanced environmental regulations in land conveyance.
Regulatory Arbitrage by Governments and Land Conveyance
with Eddie C.M. Hui, Lulu Pan, Jianfu Shen
Regional Studies — Under review
Following the Clean Air Action 2013, counties bordering regions with stricter air pollution regulations conveyed more land to polluting industries. Land conveyance prices were strategically manipulated, indicating deliberate price reductions by local governments to attract polluting activities. This led to enhanced economic growth but exacerbated air pollution.