IDEAS home Printed from https://ideas.repec.org/p/adl/cercwp/1998-01.html
   My bibliography  Save this paper

Key Issues in Establishing a New Housing System Based on a Market Oriented Economy

Author

Listed:
  • Yuan Shiming

Abstract

China began its urban housing system reform in 1980. This reform has experienced four stages: decentralisation in housing investment, sale of urban housing, experiments with low rent reforms and implementation of the urban housing system reform all over the country. During this process, living space per capita has more than doubled and living conditions have been improved. Although there is some progress in implementing multiple channels of housing investment, selling public housing and raising rents in order to change economic mechanisms between the supply and demand for urban housing, reform towards a newurban housing system based on the market-oriented economy has not achieved its scheduled aims. In this paper, it is argued that further reforms should focus on four aspects: 1) setting rational housing prices based on wage system reform and the affordability for residents, 2) clarifying and legislating for property rights, 3) creating independent and socialised housing management companies and 4) establishing an efficient housing finance system.

Suggested Citation

  • Yuan Shiming, 1998. "Key Issues in Establishing a New Housing System Based on a Market Oriented Economy," Chinese Economies Research Centre (CERC) Working Papers 1998-01, University of Adelaide, Chinese Economies Research Centre.
    • Handle: RePEc:adl:cercwp:1998-01
    as

    Download full text from publisher

    File URL: https://media.adelaide.edu.au/economics/papers/cerc/cercwp1998-01.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Furubotn, Eirik G & Pejovich, Svetozar, 1972. "Property Rights and Economic Theory: A Survey of Recent Literature," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1137-1162, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Benedetto GUI, 1987. "PRODUCTIVE PRIVATE NONPROFIT ORGANIZATIONS: A conceptual framework," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 58(4), pages 415-434, October.
    2. Louis Alessi, 1974. "Aneconomic analysis of government ownership and reculation," Public Choice, Springer, vol. 19(1), pages 1-42, September.
    3. Castle, Emery N. & Kelso, Maurice M. & Stevens, Joe B. & Stoevener, Herbert H., 1981. "PART III. Natural Resource Economics, 1946-75," AAEA Monographs, Agricultural and Applied Economics Association, number 337228.
    4. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.
    5. Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
    6. Chaddad, Fabio & Valentinov, Vladislav, 2017. "Agency costs and organizational architecture of large corporate farms: evidence from Brazil," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 20(2), pages 201-220.
    7. repec:zbw:rwirep:0123 is not listed on IDEAS
    8. Barry T. Hirsch & David A. Macpherson & Anne E. Preston, 2018. "Nonprofit wages: theory and evidence," Chapters, in: Bruce A. Seaman & Dennis R. Young (ed.), Handbook of Research on Nonprofit Economics and Management, chapter 8, pages 146-179, Edward Elgar Publishing.
    9. Pietri, Antoine, 2015. "« Propriété » ou « possession » : une question de sémantique…ou de paradigme ? [“Property” or “possession”: just a matter of semantics…or paradigm?]," MPRA Paper 67096, University Library of Munich, Germany.
    10. Bjornskov, Christian & Bogetic, Zeljko & Hillman, Arye & Popovic, Milenko, 2014. "Trust and Identity in a Small, Post-Socialist, Post-Crisis Society," EconStor Preprints 95968, ZBW - Leibniz Information Centre for Economics.
    11. Mooney, Gavin & Jan, Stephen, 1997. "Vertical equity: weighting outcomes? or establishing procedures?," Health Policy, Elsevier, vol. 39(1), pages 79-87, January.
    12. Aurélie Corne & Olga Goncalves & Nicolas Peypoch, 2020. "Evaluating the performance drivers of French ski resorts: A hierarchical approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(3), pages 389-405, April.
    13. Haucap, Justus, 2017. "The rule of law and the emergence of market exchange: A new institutional economic perspective," DICE Discussion Papers 276, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    14. Steven N.S. Cheung, 1989. "Privatization vs. Special Interests: The Experience of China's Economic Reforms," Cato Journal, Cato Journal, Cato Institute, vol. 8(3), pages 585-611, Winter.
    15. Dirimanova, Violeta, 2005. "Land Market With Fragmented Landownership Rights in Bulgaria: An Institutional Approach," 94th Seminar, April 9-10, 2005, Ashford, UK 24445, European Association of Agricultural Economists.
    16. Christine Pochet, 2001. "Le gouvernement de l'entreprise défaillante: étude de trente plans de continuation," Revue Finance Contrôle Stratégie, revues.org, vol. 4(2), pages 149-181, March.
    17. Justus Haucap, 2003. "Telephone Number Allocation: A Property Rights Approach," European Journal of Law and Economics, Springer, vol. 15(2), pages 91-109, March.
    18. Gagalyuk, T. & Hanf, J., 2009. "Strategic Management of Food Networks: Are network goals necessary and achievable?," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 44, March.
    19. Carlisle Ford Runge, 1984. "Strategic Interdependence in Models of Property Rights," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(5), pages 807-813.
    20. Vera Belaya & Jon Henrich Hanf, 2009. "A multi‐theoretical perspective on power in managing interorganizational relationships," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 36(11), pages 1040-1049, September.
    21. Jiancheng Lu & Xiaolong Luo & Peigang Zhang, 2019. "Rights–Values–Interests: The Conflict between World Cultural Heritage and Community: A Case Study of the West Lake Cultural Landscape Heritage in China," Sustainability, MDPI, vol. 11(17), pages 1-17, August.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adl:cercwp:1998-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dmitriy Kvasov (email available below). General contact details of provider: https://edirc.repec.org/data/ceradau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.