Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law

Motivated by the emphasis on secure property rights as a determinant of economic development in recent literature, we use village- and household-level information from about 800 villages throughout China to explore whether legal reform increased protection of land rights against unauthorized realloc...

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Main Authors:	Deininger, Klaus, Jin, Songqing
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Property Law K110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Systems and Transitional Economies: Political Economy Property Rights P260 Socialist Systems and Transitional Economies: Performance and Prospects P270
Online Access:	http://hdl.handle.net/10986/5621

id	okr-10986-5621
recordtype	oai_dc
spelling	okr-10986-56212021-04-23T14:02:23Z Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law Deininger, Klaus Jin, Songqing Property Law K110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Systems and Transitional Economies: Political Economy Property Rights P260 Socialist Systems and Transitional Economies: Performance and Prospects P270 Motivated by the emphasis on secure property rights as a determinant of economic development in recent literature, we use village- and household-level information from about 800 villages throughout China to explore whether legal reform increased protection of land rights against unauthorized reallocation or expropriation with below-average compensation by the state. In addition to providing nation-wide evidence on a sensitive topic, we find positive impacts, equivalent increasing land values by 30 percent, of reform even in the short term that originated in villages where democratic election of leaders ensured a minimum level of accountability, pointing towards complementarity between good governance and legal reform. Implications for situations where individuals and groups hold overlapping rights to land are explored. 2012-03-30T07:33:43Z 2012-03-30T07:33:43Z 2009 Journal Article Journal of Economic Behavior and Organization 01672681 http://hdl.handle.net/10986/5621 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Property Law K110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Systems and Transitional Economies: Political Economy Property Rights P260 Socialist Systems and Transitional Economies: Performance and Prospects P270
spellingShingle	Property Law K110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Systems and Transitional Economies: Political Economy Property Rights P260 Socialist Systems and Transitional Economies: Performance and Prospects P270 Deininger, Klaus Jin, Songqing Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law
geographic_facet	China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Motivated by the emphasis on secure property rights as a determinant of economic development in recent literature, we use village- and household-level information from about 800 villages throughout China to explore whether legal reform increased protection of land rights against unauthorized reallocation or expropriation with below-average compensation by the state. In addition to providing nation-wide evidence on a sensitive topic, we find positive impacts, equivalent increasing land values by 30 percent, of reform even in the short term that originated in villages where democratic election of leaders ensured a minimum level of accountability, pointing towards complementarity between good governance and legal reform. Implications for situations where individuals and groups hold overlapping rights to land are explored.
format	Journal Article
author	Deininger, Klaus Jin, Songqing
author_facet	Deininger, Klaus Jin, Songqing
author_sort	Deininger, Klaus
title	Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law
title_short	Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law
title_full	Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law
title_fullStr	Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law
title_full_unstemmed	Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law
title_sort	securing property rights in transition: lessons from implementation of china's rural land contracting law
publishDate	2012
url	http://hdl.handle.net/10986/5621
_version_	1764395703131439104

Securing Property Rights in Transition: Lessons from Implementation of China's Rural Land Contracting Law

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