THE STUDY OF GOVERNMENT’S COMPENSATION FOR LAND EXPROPRIATION:A PERSPECTIVE OF PROPERTY RIGHT
Date Issued
2009
Date
2009
Author(s)
Liu, Chih-Ching
Abstract
Because of our fast-developing economy, Taiwan government establishes all kinds of public construction actively in recent years. However, some of the needed lands are private,have been expropriated by the government.n the past, Taiwan government took announced land current vale(at most plus 40 percent) as levy compensation, but this compensation was much less than market price. The private land owners always dissatisfied with levy progress, and boycotted the public construction involved.ompulsory purchase based on public interest significantly infringes upon private properties; therefore, a fair or just compensation should be took into account. Previous studies and statistics show that owners whose properties are taken often argue against decisions on compensation amount, items, valuation process and appraisal methods. Therefore, the current compensation system seems to suffer from problems which warrant further investigation.and expropriation is regarded as an important instrument for enforcing urban policy in Taiwan. Land expropriation does not only control the quality of urban environment, but affect the price of real estate. However, the reasons of Land expropriation institutional changes and the factors influenced the assignment of property rights are very rarely investigated. The decision of land expropriation will directly influence the scope of landowners’ property rights. Thus, based upon the viewpoint of property rights, incorporated with institutional and enforcing dimension to conduct a dynamic analysis can deeply investigate the process of policy operation and overlook the problems of institutional design so as to provide better institutional environment for land expropriation.his research, based on the property rights perspective, intends to investigate the change of land expropriation and its enforcement. The study pays special attention to the bargaining among private landowners, interest groups and government authority. In order to improve the institutional environment, this paper will also try to find how the property right allocation involved in the process of enforcement.
Subjects
LAND EXPROPRIATION
EXPROPRIATION COMPENSATION
PROPERTY RIGHT
Type
thesis
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