AbstractConstruction land reduction is an important means of promoting the effective allocation of factors and the optimization of industrial structure. Based on analyses of the impact mechanism of construction land reduction on industrial structure rationalization and supererogation, this study adopts the difference‐in‐difference model and threshold regression model to analyze the effects of construction land reduction. The results are as follows: (1) Construction land reduction significantly improves industrial structure rationalization and supererogation, and the positive effect clearly accumulates over time. After PSM‐DID and other series of robustness tests, the conclusion is still valid. (2) Construction land reduction in the outer suburban areas has a greater positive impact on industrial structure rationalization and supererogation than that in other suburban areas. (3) When the scale of the reduction exceeds a certain threshold, rural financial development can significantly promote industrial structure rationalization and supererogation. It is necessary to rationally plan the layout of industry, establish a mechanism of cross‐regional allocation of the reduction index, and provide replicable experiences for popularizing construction land reduction throughout the whole country.
AbstractUnder the background of supply side structural reform of the land market, this paper constructs a location choice behavior model of reduction from the perspective of rent maximization, explores how these factors affect the industrial land reduction location choice. We consider 100 industrial parcels in the suburbs of Shanghai as an example to analyze. It is found that the enterprises in development zones have greater advantages in economies of scale, labor productivity, pollution treatment, and tax payments than enterprises outside the development zone, so the low‐efficiency enterprises outside the development zones are the preferred objects of reduction. The suburban areas have a stronger attraction than the outer suburbs in the process of location choice, and the closer the city center is, the more obvious the location advantages of enterprises in development zones. Under the control of the total amount of construction land, the land use structure should be constantly adjusted, inefficient enterprises outside the development zone should be preferred to the reduction object, and the government should actively guide enterprises to enter the development zones.