Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment
As part of a national experiment, in 2008 Chengdu prefecture implemented ambitious property rights reforms, including complete registration of all land together with measures to ease transferability and eliminate labor market restrictions. This stu...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/08/24895629/impact-property-rights-reform-support-china’s-rural-urban-integration-village-level-evidence-chengdu-national-experiment http://hdl.handle.net/10986/22439 |
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okr-10986-224392021-04-23T14:04:09Z Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment Deininger, Klaus Jin, Songqing Liu, Shouying Shao, Ting Xia, Fang COMMUNITIES LAND TRANSACTIONS LAND MARKET VILLAGES URBANIZATION PROPERTY TAXES PARKS POINTS PROPERTY RIGHTS HOUSEHOLD HOUSING REAL ESTATE FINANCE URBAN AREAS RURAL ECONOMY AGRICULTURAL LAND PROPERTY URBAN LAND URBAN LAND USE OWNERSHIP CITIES LAND TENURE LAND ACQUISITION URBAN DEVELOPMENT LAND PRICES BIDDING SECURE PROPERTY RIGHTS INSURANCE TAXATION REAL ESTATE MARKETS LAND LAND TITLING URBAN ECONOMIC GROWTH HOUSEHOLDS HOUSING MARKETS LAND MARKETS RURAL AREAS URBAN FRINGE CONSTRUCTION LAND TRANSFER EXTERNALITIES HOUSES TRANSFERS LAND DEVELOPMENT RIGHTS REDEVELOPMENT LAND OWNERSHIP DEVELOPERS URBAN ECONOMICS LABOR URBAN RURAL DEVELOPMENT LAND DEVELOPMENT LAND VALUE INDUSTRIAL LAND REAL ESTATE LAND SUPPLY LAND LEASE LAND USE As part of a national experiment, in 2008 Chengdu prefecture implemented ambitious property rights reforms, including complete registration of all land together with measures to ease transferability and eliminate labor market restrictions. This study uses a discontinuity design with spatial fixed effects to compare 529 villages just inside and outside the prefecture’s border. The results suggest that the reforms increased tenure security, aligned land use closer to economic incentives, mainly through market transfers, and led to an increase in enterprise start-ups. These impacts, most of which are more pronounced for villages with lower travel time to Chengdu city, point toward high potential gains from factor market reform. 2015-08-17T18:23:45Z 2015-08-17T18:23:45Z 2015-08 Working Paper http://documents.worldbank.org/curated/en/2015/08/24895629/impact-property-rights-reform-support-china’s-rural-urban-integration-village-level-evidence-chengdu-national-experiment http://hdl.handle.net/10986/22439 English en_US Policy Research Working Paper;No. 7389 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper 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 |
COMMUNITIES LAND TRANSACTIONS LAND MARKET VILLAGES URBANIZATION PROPERTY TAXES PARKS POINTS PROPERTY RIGHTS HOUSEHOLD HOUSING REAL ESTATE FINANCE URBAN AREAS RURAL ECONOMY AGRICULTURAL LAND PROPERTY URBAN LAND URBAN LAND USE OWNERSHIP CITIES LAND TENURE LAND ACQUISITION URBAN DEVELOPMENT LAND PRICES BIDDING SECURE PROPERTY RIGHTS INSURANCE TAXATION REAL ESTATE MARKETS LAND LAND TITLING URBAN ECONOMIC GROWTH HOUSEHOLDS HOUSING MARKETS LAND MARKETS RURAL AREAS URBAN FRINGE CONSTRUCTION LAND TRANSFER EXTERNALITIES HOUSES TRANSFERS LAND DEVELOPMENT RIGHTS REDEVELOPMENT LAND OWNERSHIP DEVELOPERS URBAN ECONOMICS LABOR URBAN RURAL DEVELOPMENT LAND DEVELOPMENT LAND VALUE INDUSTRIAL LAND REAL ESTATE LAND SUPPLY LAND LEASE LAND USE |
| spellingShingle |
COMMUNITIES LAND TRANSACTIONS LAND MARKET VILLAGES URBANIZATION PROPERTY TAXES PARKS POINTS PROPERTY RIGHTS HOUSEHOLD HOUSING REAL ESTATE FINANCE URBAN AREAS RURAL ECONOMY AGRICULTURAL LAND PROPERTY URBAN LAND URBAN LAND USE OWNERSHIP CITIES LAND TENURE LAND ACQUISITION URBAN DEVELOPMENT LAND PRICES BIDDING SECURE PROPERTY RIGHTS INSURANCE TAXATION REAL ESTATE MARKETS LAND LAND TITLING URBAN ECONOMIC GROWTH HOUSEHOLDS HOUSING MARKETS LAND MARKETS RURAL AREAS URBAN FRINGE CONSTRUCTION LAND TRANSFER EXTERNALITIES HOUSES TRANSFERS LAND DEVELOPMENT RIGHTS REDEVELOPMENT LAND OWNERSHIP DEVELOPERS URBAN ECONOMICS LABOR URBAN RURAL DEVELOPMENT LAND DEVELOPMENT LAND VALUE INDUSTRIAL LAND REAL ESTATE LAND SUPPLY LAND LEASE LAND USE Deininger, Klaus Jin, Songqing Liu, Shouying Shao, Ting Xia, Fang Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper;No. 7389 |
| description |
As part of a national experiment, in
2008 Chengdu prefecture implemented ambitious property
rights reforms, including complete registration of all land
together with measures to ease transferability and eliminate
labor market restrictions. This study uses a discontinuity
design with spatial fixed effects to compare 529 villages
just inside and outside the prefecture’s border. The results
suggest that the reforms increased tenure security, aligned
land use closer to economic incentives, mainly through
market transfers, and led to an increase in enterprise
start-ups. These impacts, most of which are more pronounced
for villages with lower travel time to Chengdu city, point
toward high potential gains from factor market reform. |
| format |
Working Paper |
| author |
Deininger, Klaus Jin, Songqing Liu, Shouying Shao, Ting Xia, Fang |
| author_facet |
Deininger, Klaus Jin, Songqing Liu, Shouying Shao, Ting Xia, Fang |
| author_sort |
Deininger, Klaus |
| title |
Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment |
| title_short |
Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment |
| title_full |
Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment |
| title_fullStr |
Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment |
| title_full_unstemmed |
Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Village-Level Evidence from the Chengdu National Experiment |
| title_sort |
impact of property rights reform to support china’s rural-urban integration : village-level evidence from the chengdu national experiment |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/08/24895629/impact-property-rights-reform-support-china’s-rural-urban-integration-village-level-evidence-chengdu-national-experiment http://hdl.handle.net/10986/22439 |
| _version_ |
1764451085770031104 |