Land Rental Markets in the Process of Rural Structural Transformation: Productivity and Equity Impacts from China

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dc.creatorJin, Songqing
dc.creatorDeininger, Klaus
dc.date2012-03-30T07:35:02Z
dc.date2012-03-30T07:35:02Z
dc.date2009
dc.date.accessioned2026-07-01T01:29:55Z
dc.descriptionAlthough the importance of land rental for overall economic development and development of the non-agricultural economy has long been recognized in theory, empirical evidence on factors that can promote or impede operation of such markets and their productivity and equity impacts, especially in rapidly developing economies with rather equal land endowments, remains limited. A large household level panel is used to illustrate the large contribution of land markets to occupational diversification, productivity of land use, and household welfare. Factors affecting land market participation are derived from a household model with transaction cost and individual ability. Results suggest that, by transferring land from less able and more affluent households who joined the non-farm sector to poorer ones with ample family labor, land markets are critical not only for non-agricultural growth but, by allowing more effective use of potentially idle land can contribute to significant productivity gains. Policy implications are derived.
dc.identifierJournal of Comparative Economics
dc.identifier01475967
dc.identifierhttps://hdl.handle.net/10986/5889
dc.identifier.urihttp://hdl.handle.net/123456789/418638
dc.languageEN
dc.relationhttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectHuman Capital
dc.subjectSkills
dc.subjectOccupational Choice
dc.subjectLabor Productivity J240
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectSocialist Systems and Transitional Economies: Factor and Product Markets
dc.subjectIndustry Studies
dc.subjectPopulation P230
dc.subjectSocialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250
dc.subjectLand Ownership and Tenure
dc.subjectLand Reform
dc.subjectLand Use
dc.subjectIrrigation
dc.subjectAgriculture and Environment Q150
dc.titleLand Rental Markets in the Process of Rural Structural Transformation: Productivity and Equity Impacts from China
dc.titleJournal of Comparative Economics
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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