Local Government Behavior and Property Right Formation in Rural China
AbstractSecure land tenure is important to the development process, but China’s rural reforms have so far failed to provide farm households with this security. We examine the political economy of land tenure and find that local governments sacrifice tenure security in the interests of efficiency and equity. Local rent seeking also plays an important role, and is a likely source of the under-development of land rental markets. Our results further suggest that decreases in distortionary taxes and increases in the integrity of elections will lead to more secure tenure and an increased reliance on market land exchange.
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Bibliographic InfoPaper provided by University of Toronto, Department of Economics in its series Working Papers with number mturner-02-01.
Length: 42 pages
Date of creation: 11 Jul 2002
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Other versions of this item:
- Loren Brandt & Scott Rozelle & Matthew A. Turner, 2004. "Local Government Behavior and Property Right Formation in Rural China," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 160(4), pages 627-, December.
- Brandt, Loren & Rozelle, Scott & Turner, Matthew A., 2002. "Local Government Behavior And Property Rights Formation In Rural China," Working Papers 11988, University of California, Davis, Department of Agricultural and Resource Economics.
- R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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