The potential of land rental markets in the process of economic development: Evidence from China

被引:279
|
作者
Deininger, K [1 ]
Jin, SQ [1 ]
机构
[1] World Bank, Washington, DC 20433 USA
关键词
property rights; land markets; productivity; economic development; poverty; China;
D O I
10.1016/j.jdeveco.2004.08.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop a model of land leasing with agents characterized by unobserved heterogeneity in ability and presence of an off-farm labor market. In this case, decentralized land rental may contribute to equity and efficiency goals and may have several advantages over administrative reallocation. The extent to which this is true empirically is explored using data from three of China's poorest provinces. Land rental markets and administrative reallocation reallocate land to those with lower endowments but the former are more effective in doing so and have a bigger productivity-enhancing effect. Information on hypothetical market participation suggests that reducing transaction costs in land rental markets could help to realize significant additional productivity gains. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:241 / 270
页数:30
相关论文
共 50 条
  • [1] Land rental markets and labor productivity: Evidence from rural China
    Zhang, Jian
    Mishra, Ashok K.
    Zhu, Peixin
    [J]. CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D AGROECONOMIE, 2021, 69 (01): : 93 - 115
  • [2] Land documents, tenure security and land rental development: Panel evidence from China
    Wang, Hui
    Riedinger, Jeffrey
    Jin, Songqing
    [J]. CHINA ECONOMIC REVIEW, 2015, 36 : 220 - 235
  • [3] Rental markets, gender, and land certificates: Evidence from Vietnam
    Ayala-Cantu, Luciano
    Morando, Bruno
    [J]. FOOD POLICY, 2020, 94
  • [4] Land rental markets in transition: Theory and evidence from Hungary
    Vranken, L
    Swinnen, J
    [J]. WORLD DEVELOPMENT, 2006, 34 (03) : 481 - 500
  • [5] Land rental markets in the process of rural structural transformation: Productivity and equity impacts from China
    Jin, Songqing
    Deininger, Klaus
    [J]. JOURNAL OF COMPARATIVE ECONOMICS, 2009, 37 (04) : 629 - 646
  • [6] Land Rental Markets, Specialization, and Rural Household Income: Evidence from the North China Plain
    Wang, Qian
    Li, Fan
    Heerink, Nico
    Yu, Jin
    Fleskens, Luuk
    Ritsema, Coen J.
    [J]. JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS, 2023, 48 (03) : 540 - +
  • [7] Search frictions in rental markets: Evidence from urban China
    Fan, Ying
    Fu, Yuqi
    Yang, Zan
    Chen, Ming
    [J]. CHINA ECONOMIC REVIEW, 2024, 83
  • [8] Participation in land rental and labor markets and agricultural economic performance of banana farmers in China
    Zhang, Cheng
    Nie, Kunxi
    Zhu, Yueji
    [J]. LAND USE POLICY, 2024, 146
  • [9] Land sales and rental markets in transition: Evidence from rural Vietnam
    Deininger, Klaus
    Jin, Songqing
    [J]. OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 2008, 70 (01) : 67 - 101
  • [10] Rental markets for cultivated land and agricultural investments in China
    Gao, Liangliang
    Huang, Jikun
    Rozelle, Scott
    [J]. AGRICULTURAL ECONOMICS, 2012, 43 (04) : 391 - 403