Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China
Project duration is one of the methods to measure the efficiency of project implementation. This study identifies the factors influencing the project duration of urban village redevelopment projects (UVRPs) in China. Based on the theory of new institutional economics and behavioral economics, this s...
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doaj-5b14398181d24cbe9775db1556206c152021-07-23T13:50:03ZengMDPI AGLand2073-445X2021-07-011070770710.3390/land10070707Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary ChinaDinghuan Yuan0Yung Yau1Huiying (Cynthia) Hou2Yongshen Liu3School of Public Administration and Emergency Management, Jinan University, Guangzhou 510632, ChinaInstitute of Policy Studies, Lingnan University, Hong Kong 999077, ChinaFaculty of Architecture and the Built Environment, Delft University of Technology, 2628 BL Delft, The NetherlandsDepartment of Public Policy, City University of Hong Kong, Hong Kong 999077, ChinaProject duration is one of the methods to measure the efficiency of project implementation. This study identifies the factors influencing the project duration of urban village redevelopment projects (UVRPs) in China. Based on the theory of new institutional economics and behavioral economics, this study develops three hypotheses regarding the causal relationship between institutional arrangement and project duration. Statistical analysis of data on 439 UVRPs collected from seven Chinese cities revealed that projects implemented through top-down institutional arrangements were more likely to take a long time than those implemented through bottom-up institutional arrangements. Projects implemented through top-down and government funding were more efficient than those implemented through top-down and villager funding. For bottom-up projects, there was no conclusion about whether village funding or private developer funding led to shorter project duration. Other determinants, including city, project attributes and initiation year, number of households involved, size of temporary relocation fee, and methods of selecting relocated housing, calculating temporary relocation fee and calculating relocation area influenced project duration.https://www.mdpi.com/2073-445X/10/7/707bottom-up redevelopmenturban villageproject durationland redevelopmentnew institutional economicsChina |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Dinghuan Yuan Yung Yau Huiying (Cynthia) Hou Yongshen Liu |
spellingShingle |
Dinghuan Yuan Yung Yau Huiying (Cynthia) Hou Yongshen Liu Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China Land bottom-up redevelopment urban village project duration land redevelopment new institutional economics China |
author_facet |
Dinghuan Yuan Yung Yau Huiying (Cynthia) Hou Yongshen Liu |
author_sort |
Dinghuan Yuan |
title |
Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China |
title_short |
Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China |
title_full |
Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China |
title_fullStr |
Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China |
title_full_unstemmed |
Factors Influencing the Project Duration of Urban Village Redevelopment in Contemporary China |
title_sort |
factors influencing the project duration of urban village redevelopment in contemporary china |
publisher |
MDPI AG |
series |
Land |
issn |
2073-445X |
publishDate |
2021-07-01 |
description |
Project duration is one of the methods to measure the efficiency of project implementation. This study identifies the factors influencing the project duration of urban village redevelopment projects (UVRPs) in China. Based on the theory of new institutional economics and behavioral economics, this study develops three hypotheses regarding the causal relationship between institutional arrangement and project duration. Statistical analysis of data on 439 UVRPs collected from seven Chinese cities revealed that projects implemented through top-down institutional arrangements were more likely to take a long time than those implemented through bottom-up institutional arrangements. Projects implemented through top-down and government funding were more efficient than those implemented through top-down and villager funding. For bottom-up projects, there was no conclusion about whether village funding or private developer funding led to shorter project duration. Other determinants, including city, project attributes and initiation year, number of households involved, size of temporary relocation fee, and methods of selecting relocated housing, calculating temporary relocation fee and calculating relocation area influenced project duration. |
topic |
bottom-up redevelopment urban village project duration land redevelopment new institutional economics China |
url |
https://www.mdpi.com/2073-445X/10/7/707 |
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