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Economic value of tradable farmland use rights and mortgage loans in China

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  • H. Holly Wang

Abstract

This paper first discusses the possibility of market-transferable land use rights and mortgage loans in China, and then shows farmers’ welfare gain in the presence of such mortgage loans with a theoretical model. Cases of risks and asymmetric information are studied, and policy implications are drawn.

Suggested Citation

  • H. Holly Wang, 2008. "Economic value of tradable farmland use rights and mortgage loans in China," Agricultural Finance Review, Emerald Group Publishing, vol. 68(2), pages 289-300, November.
  • Handle: RePEc:eme:afrpps:v:68:y:2008:i:2:p:289-300
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