IDEAS home Printed from https://ideas.repec.org/a/bla/chinae/v15y2007i5p107-120.html
   My bibliography  Save this article

New Compensation Standard for Land Expropriation in China

Author

Listed:
  • Xiuqing Zou
  • Arie J. Oskam

Abstract

This paper explores a new compensation standard for use in agricultural land conversion in China during the land‐expropriation process, based on the market value definition. Assuming identical bargaining power between the buyer and the seller, efficient and equitable compensation is obtained through a market transaction and bargaining negotiation mechanism, under the assumpation of a perfect market. From the state‐of‐the‐art viewpoint of land appraising, a practical approximation of the theoretical optimal compensation will provide an effective solution for China, under the current collective‐owned land property rights structure.

Suggested Citation

  • Xiuqing Zou & Arie J. Oskam, 2007. "New Compensation Standard for Land Expropriation in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(5), pages 107-120, September.
    • Handle: RePEc:bla:chinae:v:15:y:2007:i:5:p:107-120
    DOI: 10.1111/j.1749-124X.2007.00087.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1749-124X.2007.00087.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1749-124X.2007.00087.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Plantinga, Andrew J. & Lubowski, Ruben N. & Stavins, Robert N., 2002. "The effects of potential land development on agricultural land prices," Journal of Urban Economics, Elsevier, vol. 52(3), pages 561-581, November.
    2. Nosal, Ed, 2001. "The taking of land: market value compensation should be paid," Journal of Public Economics, Elsevier, vol. 82(3), pages 431-443, December.
    3. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    4. Ron Giammarino, 2005. "Loggers versus Campers: Compensation for the Taking of Property Rights," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 21(1), pages 136-152, April.
    5. Fischel, William A. & Shapiro, Perry, 1989. "A constitutional choice model of compensation for takings," International Review of Law and Economics, Elsevier, vol. 9(2), pages 115-128, December.
    6. Fischel, William A & Shapiro, Perry, 1988. "Takings, Insurance, and Michelman: Comments on Economic Interpretations of "Just Compensation" Law," The Journal of Legal Studies, University of Chicago Press, vol. 17(2), pages 269-293, June.
    7. Andrew J. Plantinga & Douglas J. Miller, 2001. "Agricultural Land Values and the Value of Rights to Future Land Development," Land Economics, University of Wisconsin Press, vol. 77(1), pages 56-67.
    8. Kung, James Kai-sing, 2002. "Choice of Land Tenure in China: The Case of a Country with Quasi-Private Property Rights," Economic Development and Cultural Change, University of Chicago Press, vol. 50(4), pages 793-817, July.
    9. Lawrence Blume & Daniel L. Rubinfeld & Perry Shapiro, 1984. "The Taking of Land: When Should Compensation Be Paid?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(1), pages 71-92.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anita Kwartnik-Pruc & Grzegorz Ginda & Anna Trembecka, 2022. "Using the DEMATEL Method to Identify Impediments to the Process of Determining Compensation for Expropriated Properties," Land, MDPI, vol. 11(5), pages 1-21, May.
    2. Xu Hengzhou & Liu Yuexi, 2016. "Policy Implications and Impact of Household Registration System on Peasants’ Willingness to Return Rural Residential Lands: Evidence from Household Survey in Rural China," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 63(1), pages 135-146, March.
    3. Laijian Wang & Lachun Wang & Pengcheng Yin & Haiyang Cui & Longwu Liang & Zhenbo Wang, 2017. "Value Assessment of Artificial Wetland Derived from Mining Subsided Lake: A Case Study of Jiuli Lake Wetland in Xuzhou," Sustainability, MDPI, vol. 9(10), pages 1-17, October.
    4. Chenxi Li & Jingyao Wu & Zenglei Xi & Weiqiang Zhang, 2021. "Farmers’ Satisfaction with Land Expropriation System Reform: A Case Study in China," Land, MDPI, vol. 10(12), pages 1-16, December.
    5. Wen, Lanjiao & Chatalova, Lioudmila & Butsic, Van & Hu, Fox ZhiYong & Zhang, Anlu, 2020. "Capitalization of land development rights in rural China: A choice experiment on individuals’ preferences in peri-urban Shanghai," Land Use Policy, Elsevier, vol. 97(C).
    6. Zhu, Fengkai & Zhang, Fengrong & Ke, Xinli, 2018. "Rural industrial restructuring in China’s metropolitan suburbs: Evidence from the land use transition of rural enterprises in suburban Beijing," Land Use Policy, Elsevier, vol. 74(C), pages 121-129.
    7. Kairong Hong & Yucheng Zou & Mingyuan Zhu & Yanwei Zhang, 2021. "A Game Analysis of Farmland Expropriation Conflict in China under Multi-Dimensional Preference: Cooperation or Resistance?," Land, MDPI, vol. 10(2), pages 1-29, January.
    8. Kairong Hong & Yucheng Zou & Yanwei Zhang & Kaifeng Duan, 2020. "The Weapon of the Weak: An Analysis of RDEU Game in the Conflict of Farmland Expropriation under the Influence of Emotion," Sustainability, MDPI, vol. 12(8), pages 1-21, April.
    9. Chenxi Li & Zenglei Xi, 2019. "Social Stability Risk Assessment of Land Expropriation: Lessons from the Chinese Case," IJERPH, MDPI, vol. 16(20), pages 1-20, October.
    10. Wang, Chuhong & Akgüҫ, Mehtap & Liu, Xingfei & Tani, Massimiliano, 2020. "Expropriation with hukou change and labour market outcomes in China," China Economic Review, Elsevier, vol. 60(C).
    11. Akgüç, Mehtap & Liu, Xingfei & Tani, Massimiliano, 2014. "Expropriation with Hukou Change: Evidence from a Quasi-Natural Experiment," IZA Discussion Papers 8689, Institute of Labor Economics (IZA).
    12. Xie, Yong, 2019. "Land expropriation, shock to employment, and employment differentiation: Findings from land-lost farmers in Nanjing, China," Land Use Policy, Elsevier, vol. 87(C).
    13. You, Heyuan & Zhang, Jinrong & Song, Yan, 2022. "Assessing conflict of farmland institutions using credibility theory: Implications for socially acceptable land use," Land Use Policy, Elsevier, vol. 112(C).
    14. Yongle Li & Bangrong Shu & Xiaoping Shi & Yu Zhu, 2017. "Variation of Land-Expropriated Farmers’ Willingness: A Perspective of Employment and Inhabitance," Sustainability, MDPI, vol. 9(7), pages 1-18, June.

    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. Winfree, Jason A. & McCluskey, Jill J., 2007. "Takings of development rights with asymmetric information and an endogenous probability of an externality," Journal of Housing Economics, Elsevier, vol. 16(3-4), pages 320-333, November.
    2. Thomas J. Miceli & Kathleen Segerson, 2011. "Regulatory Takings," Working papers 2011-16, University of Connecticut, Department of Economics.
    3. Lueck, Dean & Miceli, Thomas J., 2007. "Property Law," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 1, chapter 3, pages 183-257, Elsevier.
      • Dean Lueck & Thomas J. Miceli, 2004. "Property Law," Working papers 2004-04, University of Connecticut, Department of Economics.
    4. Hans-Bernd Schäfer & Ram Singh, 2018. "Takings of Land by Self-Interested Governments: Economic Analysis of Eminent Domain," Journal of Law and Economics, University of Chicago Press, vol. 61(3), pages 427-459.
    5. Niemann, Paul & Shapiro, Perry, 2008. "Efficiency and fairness: Compensation for takings," International Review of Law and Economics, Elsevier, vol. 28(3), pages 157-165, September.
    6. Brennan, Timothy & Boyd, James, 1996. "Pluralism and Regulatory Failure: When Should Takings Trigger Compensation?," RFF Working Paper Series dp-96-09, Resources for the Future.
    7. Nosal, Ed, 2001. "The taking of land: market value compensation should be paid," Journal of Public Economics, Elsevier, vol. 82(3), pages 431-443, December.
    8. Paul Burrows, 1997. "A Deferential Role for Efficiency Analysis in Unravelling the Takings Tangle," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 24, pages 105-123.
    9. Kevin Guerin, 2002. "Protection against Government Takings: Compensation for Regulation?," Treasury Working Paper Series 02/18, New Zealand Treasury.
    10. Christian Schubert, 2006. "Fairness in Urban Land Use: An Evolutionary Contribution to Law & Economics," Papers on Economics and Evolution 2005-22, Philipps University Marburg, Department of Geography.
    11. Deininger, Klaus & Jin, Songqing, 2009. "Securing property rights in transition: Lessons from implementation of China's rural land contracting law," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 22-38, May.
    12. Thomas J. Miceli & Kathleen Segerson, 2014. "Takings," Working papers 2014-17, University of Connecticut, Department of Economics.
    13. Robert Innes & George Frisvold, 2009. "The Economics of Endangered Species," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 485-512, September.
    14. Miceli, Thomas J., 2008. "Public goods, taxes, and takings," International Review of Law and Economics, Elsevier, vol. 28(4), pages 287-293, December.
    15. Jason Winfree & Jill McCluskey & Ron Mittelhammer, 2006. "Buyer-Type Effects in Conservation and Preservation Property Values," The Journal of Real Estate Finance and Economics, Springer, vol. 33(2), pages 167-179, September.
    16. De Maria, Marcello & Robinson, Elizabeth J.Z. & Zanello, Giacomo, 2023. "Fair compensation in large-scale land acquisitions: Fair or fail?," World Development, Elsevier, vol. 170(C).
    17. Stephen Polasky & Holly Doremus & Bruce Rettig, 1997. "Endangered Species Conservation On Private Land," Contemporary Economic Policy, Western Economic Association International, vol. 15(4), pages 66-76, October.
    18. Wen, Lanjiao & Chatalova, Lioudmila & Butsic, Van & Hu, Fox ZhiYong & Zhang, Anlu, 2020. "Capitalization of land development rights in rural China: A choice experiment on individuals’ preferences in peri-urban Shanghai," Land Use Policy, Elsevier, vol. 97(C).
    19. Portillo, Javier E., 2019. "Land-assembly and externalities: How do positive post-development externalities affect land aggregation outcomes?," Regional Science and Urban Economics, Elsevier, vol. 77(C), pages 104-124.
    20. Zhongyu He & Yasushi Asami, 2014. "How Do Landowners Price their Lands during Land Expropriation and the Motives Behind It: An Explanation from a WTA/WTP Experiment in Central Beijing," Urban Studies, Urban Studies Journal Limited, vol. 51(2), pages 412-427, February.

    More about this item

    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:bla:chinae:v:15:y:2007:i:5:p:107-120. 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: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iwepacn.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.