Shuai Tu

Centralized Land Supply Policy and Carbon Emissions Reduction of Listed Companies: A Green Back-Pressure Mechanism Under Land Fiscal Constraints

This paper treats the “Two Centralizations” policy for residential land supply in 22 key cities introduced by China’s Ministry of Natural Resources in 2021 as a quasi-natural experiment. Based on data of A-share non-financial listed companies from 2013 to 2023, we adopt the Diffe...