Land titling, land reallocation experience, and investment incentives: Evidence from rural China

被引:49
|
作者
Hong, Weijie [1 ]
Luo, Biliang [1 ]
Hu, Xinyan [1 ]
机构
[1] South China Agr Univ, Natl Sch Agr Inst & Dev, Guangzhou 510692, Guangdong, Peoples R China
基金
中国国家自然科学基金;
关键词
Land titling; Land rights reallocation; Investment incentive; China; PROPERTY-RIGHTS; TENURE SECURITY; IMPACT; REFORMS; GROWTH; CREDIT; POLICY;
D O I
10.1016/j.landusepol.2019.104271
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The impacts of land titling on investment incentives among farmers with different land reallocation experiences are studied in this work. Ordered Probit model and 2SLS are employed to estimate the survey data collected from 2704 households in rural countries in China. We find that, generally, land titling can substantially promote investment incentive among farmers. However, the impacts vary among farmers with different land reallocation experiences. Specifically, land titling positively affects farmers without land reallocation experience, but it negatively affects those farmers who experienced big reallocation. Land titling has an investment incentive effect on China's special agricultural land system, where farmers only have contract rights of land. However, big reallocation should be heavily restricted to guarantee the investment incentive effect of land titling.
引用
收藏
页数:8
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