Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-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 migration restrictions. A triple di...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/08/24895626/impact-property-rights-reform-support-china’s-rural-urban-integration-household-level-evidence-chengdu-national-experiment http://hdl.handle.net/10986/22438 |
| Summary: | 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
migration restrictions. A triple difference approach using
the Statistics Bureau’s regular household panel suggests
that the reforms increased consumption and income,
especially for less wealthy and less educated households,
with estimated benefits well above the cost of
implementation. Local labor supply increased, with the young
shifting toward agriculture and the old toward off-farm
employment. Agricultural yields, intensity of input use, and
diversity of output also increased. Improving property
rights in peri-urban China appears to have increased
investment and diversification. |
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