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EXTERNAL ECONOMY OF LAND RESOURCES: PRELIMINARY DISCUSSION

SHAN Sheng-dao, YOU Jian-xin (College of Economics and Management, Tongji University, Shanghai 200092, China)  
External economy of land resources is a general designation of additional economy of land and overflowing economy of land, and it depends on the algebraic sum of the two numbers in quantity, which can be expressed by rights and prices of land income. Moreover, external economy of land has many important characteristics, such as universality of existing, diversity of function, difficulty of perfect achievement and inexclusion of consumption, etc. Discussions of the external economy of land is meaningful not only to offer the theoretical foundation for the separation of land ownership and use right, but also to solve the problems of irrational land use structure, unfair distributions within agricultural sectors and land market failure. Besides, it also offers the theoretical foundation for land tax revenue and helps to make the definition of land tax and land price clear.
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