Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system
The authors 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 hav...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2002/11/2079747/land-rental-markets-alternative-government-reallocation-equity-efficiency-considerations-chinese-land-tenure-system http://hdl.handle.net/10986/19204 |
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okr-10986-192042021-04-23T14:03:42Z Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system Deininger, Klaus Jin, Songqing AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURE ARABLE LAND CONSOLIDATION CULTIVATED LAND CULTIVATION DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC DEVELOPMENT ECONOMIES OF SCALE EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPLOYMENT ENFORCEABLE PROPERTY RIGHTS EQUILIBRIUM EQUIPMENT EXPENDITURES FARMERS FIXED COSTS HUMAN DEVELOPMENT INCOME INCOMES LABOR FORCE LABOR MARKETS LAND LAND DISTRIBUTION LAND LEASING LAND MARKETS LAND OWNERSHIP LAND REALLOCATION LAND REDISTRIBUTION LAND RENTAL LAND RIGHTS LAND TENURE LIBERALIZATION MIGRATION POLICY MAKERS POPULATION GROWTH PRODUCERS PRODUCTIVITY PROPERTY RIGHTS RETURNS TO SCALE RURAL DEVELOPMENT SOIL QUALITY TRANSACTION COSTS URBAN MIGRATION USE The authors 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. The authors find that both processes redistribute land to those with lower endowments but that land rental markets are more effective in doing so and also have a larger productivity-enhancing effect than administrative reallocation, implying that more active land rental markets would allow producers to realize significant productivity gains. At the same time, the presence of a large number of producers whose participation in rental markets remains constrained suggests that efforts to reduce transaction costs in land rental markets would be warranted. 2014-08-01T18:30:02Z 2014-08-01T18:30:02Z 2002-11 http://documents.worldbank.org/curated/en/2002/11/2079747/land-rental-markets-alternative-government-reallocation-equity-efficiency-considerations-chinese-land-tenure-system http://hdl.handle.net/10986/19204 English en_US Policy Research Working Paper; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURE ARABLE LAND CONSOLIDATION CULTIVATED LAND CULTIVATION DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC DEVELOPMENT ECONOMIES OF SCALE EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPLOYMENT ENFORCEABLE PROPERTY RIGHTS EQUILIBRIUM EQUIPMENT EXPENDITURES FARMERS FIXED COSTS HUMAN DEVELOPMENT INCOME INCOMES LABOR FORCE LABOR MARKETS LAND LAND DISTRIBUTION LAND LEASING LAND MARKETS LAND OWNERSHIP LAND REALLOCATION LAND REDISTRIBUTION LAND RENTAL LAND RIGHTS LAND TENURE LIBERALIZATION MIGRATION POLICY MAKERS POPULATION GROWTH PRODUCERS PRODUCTIVITY PROPERTY RIGHTS RETURNS TO SCALE RURAL DEVELOPMENT SOIL QUALITY TRANSACTION COSTS URBAN MIGRATION USE |
| spellingShingle |
AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURE ARABLE LAND CONSOLIDATION CULTIVATED LAND CULTIVATION DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC DEVELOPMENT ECONOMIES OF SCALE EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPLOYMENT ENFORCEABLE PROPERTY RIGHTS EQUILIBRIUM EQUIPMENT EXPENDITURES FARMERS FIXED COSTS HUMAN DEVELOPMENT INCOME INCOMES LABOR FORCE LABOR MARKETS LAND LAND DISTRIBUTION LAND LEASING LAND MARKETS LAND OWNERSHIP LAND REALLOCATION LAND REDISTRIBUTION LAND RENTAL LAND RIGHTS LAND TENURE LIBERALIZATION MIGRATION POLICY MAKERS POPULATION GROWTH PRODUCERS PRODUCTIVITY PROPERTY RIGHTS RETURNS TO SCALE RURAL DEVELOPMENT SOIL QUALITY TRANSACTION COSTS URBAN MIGRATION USE Deininger, Klaus Jin, Songqing Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper; |
| description |
The authors 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. The
authors find that both processes redistribute land to those
with lower endowments but that land rental markets are more
effective in doing so and also have a larger
productivity-enhancing effect than administrative
reallocation, implying that more active land rental markets
would allow producers to realize significant productivity
gains. At the same time, the presence of a large number of
producers whose participation in rental markets remains
constrained suggests that efforts to reduce transaction
costs in land rental markets would be warranted. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Deininger, Klaus Jin, Songqing |
| author_facet |
Deininger, Klaus Jin, Songqing |
| author_sort |
Deininger, Klaus |
| title |
Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system |
| title_short |
Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system |
| title_full |
Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system |
| title_fullStr |
Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system |
| title_full_unstemmed |
Land Rental Markets as an Alternative to Government Reallocation? Equity and Efficiency Considerations in the Chinese Land Tenure system |
| title_sort |
land rental markets as an alternative to government reallocation? equity and efficiency considerations in the chinese land tenure system |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2002/11/2079747/land-rental-markets-alternative-government-reallocation-equity-efficiency-considerations-chinese-land-tenure-system http://hdl.handle.net/10986/19204 |
| _version_ |
1764439558918766592 |