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Hazards of Expropriation: Tenure Insecurity and Investment in Rural China Author info | Abstract | Publisher info | Download info | Related research | Statistics Hanan Jacoby (The World Bank)
Guo Li (EASRD Department of the World Bank)
Scott Rozelle (University of California, Davis)
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registered author(s):
This paper uses household data from Northeast China to examine the link between investment and land tenure insecurity induced by China's system of village-level land reallocation. We quantify expropriation risk using a hazard analysis of individual plot tenures and incorporate the predicted "hazards of expropriation" into an empirical analysis of plot-level investment. Our focus is on organic fertilizer use, which has long lasting benefits for soil quality. Although we find that higher expropriation risk significantly reduces application of organic fertilizer, a welfare analysis shows that guaranteeing land tenure in this part of China would yield only minimal efficiency gains.
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Paper provided by Department of Agricultural & Resource Economics, UC Davis in its series Department of Agricultural & Resource Economics, UC Davis, Working Paper Series with number
1045.
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Date of creation: 01 Jan 2002Date of revision:
Handle: RePEc:cdl:aredav:1045Note: oai:cdlib1:are-1045Contact details of provider: Phone: 530-752-1517 Fax: 530-752-5614 Web page: http://repositories.cdlib.org/are_ucb/ More information through EDIRC
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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