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...

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Main Authors:	Deininger, Klaus, Jin, Songqing, Liu, Shouying, Xia, Fang
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	LIVING STANDARDS EMPLOYMENT PHYSICAL CAPITAL RIGHTS MOTIVATION ECONOMIC GROWTH VILLAGES PEOPLE PRODUCTION VILLAGE INCOME INTEREST BIAS PROPERTY RIGHTS INFORMATION REVENUES WELFARE LOC ENDOWMENTS EFFECTS INCENTIVES VARIABLES ENDOWMENT SUBSIDY INPUTS CORRUPTION WEALTH TRANSACTION COST AGRICULTURAL OUTPUT INTERNATIONAL BANK VALUE OF OUTPUT SECURE PROPERTY RIGHTS TRENDS PRICE DISCOVERY DEVELOPMENT LABOR MARKET START-UP PER CAPITA INCOME DEVELOPMENT ECONOMICS JOB OPPORTUNITIES LAND MARKETS RENT DEBTS PRODUCTIVITY EXTERNALITIES INDUSTRIALIZATION TRANSFERS MARKETS ORGANIZATIONS RECEIPTS ALLOCATIVE EFFICIENCY LAND RIGHTS LABOR MARKET ISSUES LAND OWNERSHIP SOCIAL SECURITY STANDARDS LABOR FARMERS ENTERPRISES SUBSIDIES REAL ESTATE FINANCE EFFICIENCY TAXES BANKS EXPENDITURE INCENTIVE PROBLEMS FACTOR MARKETS CONSUMPTION PRODUCTIVITY GROWTH HUMAN CAPITAL LAND MARKET AFFORDABILITY ECONOMIC PERFORMANCE CAPITAL WAGES POLICIES ECONOMETRIC ANALYSIS LAND BANKS SMALL ENTERPRISES PROPERTY TAXES FAMILY VALUE SOURCE OF INCOME GENDER BANK SAFETY NET URBAN AREAS HOUSEHOLD AGRICULTURAL SECTOR AGRICULTURE PROPERTY PROPERTIES LAND REGISTRATION JOB CREATION MEASUREMENT PHYSICAL ASSETS ASSETS TRANSACTION COSTS AGRICULTURAL ACTIVITIES URBAN DEVELOPMENT ECONOMICS DIVERSIFICATION PROFITABILITY INSURANCE WAGE STRUCTURE TAXATION ECONOMIC DEVELOPMENT SECURITY REGISTRATION SYSTEM FINANCIAL DEVELOPMENT GROWTH RATE INVESTMENT RISK HOUSEHOLDS ACCESS TO SERVICES BARGAINING SUPPLY MEDICAL EXPENSE DECENTRALIZATION REVENUE LABOR SUPPLY LAW PROFIT HOUSEHOLD WELFARE FEES EDUCATIONAL LEVELS PROFITS LABOR MARKETS FINANCIAL SECTOR OUTCOMES SAFETY POSITIVE EFFECTS SELF-EMPLOYMENT COOPERATIVE PRICES NEGATIVE EXTERNALITIES DEVELOPMENT POLICY INEQUALITY FUTURE RESEARCH
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

id	okr-10986-22438
recordtype	oai_dc
spelling	okr-10986-224382021-04-23T14:04:09Z Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment Deininger, Klaus Jin, Songqing Liu, Shouying Xia, Fang LIVING STANDARDS EMPLOYMENT PHYSICAL CAPITAL RIGHTS MOTIVATION ECONOMIC GROWTH VILLAGES PEOPLE PRODUCTION VILLAGE INCOME INTEREST BIAS PROPERTY RIGHTS INFORMATION REVENUES WELFARE LOC ENDOWMENTS EFFECTS INCENTIVES VARIABLES ENDOWMENT SUBSIDY INPUTS CORRUPTION WEALTH TRANSACTION COST AGRICULTURAL OUTPUT INTERNATIONAL BANK VALUE OF OUTPUT SECURE PROPERTY RIGHTS TRENDS PRICE DISCOVERY DEVELOPMENT LABOR MARKET START-UP PER CAPITA INCOME DEVELOPMENT ECONOMICS JOB OPPORTUNITIES LAND MARKETS RENT DEBTS PRODUCTIVITY EXTERNALITIES INDUSTRIALIZATION TRANSFERS MARKETS ORGANIZATIONS RECEIPTS ALLOCATIVE EFFICIENCY LAND RIGHTS LABOR MARKET ISSUES LAND OWNERSHIP SOCIAL SECURITY STANDARDS LABOR FARMERS ENTERPRISES SUBSIDIES REAL ESTATE FINANCE EFFICIENCY TAXES BANKS EXPENDITURE INCENTIVE PROBLEMS FACTOR MARKETS CONSUMPTION PRODUCTIVITY GROWTH HUMAN CAPITAL LAND MARKET AFFORDABILITY ECONOMIC PERFORMANCE CAPITAL WAGES POLICIES ECONOMETRIC ANALYSIS LAND BANKS SMALL ENTERPRISES PROPERTY TAXES FAMILY VALUE SOURCE OF INCOME GENDER BANK SAFETY NET URBAN AREAS HOUSEHOLD AGRICULTURAL SECTOR AGRICULTURE PROPERTY PROPERTIES LAND REGISTRATION JOB CREATION MEASUREMENT PHYSICAL ASSETS ASSETS TRANSACTION COSTS AGRICULTURAL ACTIVITIES URBAN DEVELOPMENT ECONOMICS DIVERSIFICATION PROFITABILITY INSURANCE WAGE STRUCTURE TAXATION ECONOMIC DEVELOPMENT SECURITY REGISTRATION SYSTEM FINANCIAL DEVELOPMENT GROWTH RATE INVESTMENT RISK HOUSEHOLDS ACCESS TO SERVICES BARGAINING SUPPLY MEDICAL EXPENSE DECENTRALIZATION REVENUE LABOR SUPPLY LAW PROFIT HOUSEHOLD WELFARE FEES EDUCATIONAL LEVELS PROFITS LABOR MARKETS FINANCIAL SECTOR OUTCOMES SAFETY POSITIVE EFFECTS SELF-EMPLOYMENT COOPERATIVE PRICES NEGATIVE EXTERNALITIES DEVELOPMENT POLICY INEQUALITY FUTURE RESEARCH 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. 2015-08-17T18:19:11Z 2015-08-17T18:19:11Z 2015-08 Working Paper 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 English en_US Policy Research Working Paper;No. 7388 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank 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	LIVING STANDARDS EMPLOYMENT PHYSICAL CAPITAL RIGHTS MOTIVATION ECONOMIC GROWTH VILLAGES PEOPLE PRODUCTION VILLAGE INCOME INTEREST BIAS PROPERTY RIGHTS INFORMATION REVENUES WELFARE LOC ENDOWMENTS EFFECTS INCENTIVES VARIABLES ENDOWMENT SUBSIDY INPUTS CORRUPTION WEALTH TRANSACTION COST AGRICULTURAL OUTPUT INTERNATIONAL BANK VALUE OF OUTPUT SECURE PROPERTY RIGHTS TRENDS PRICE DISCOVERY DEVELOPMENT LABOR MARKET START-UP PER CAPITA INCOME DEVELOPMENT ECONOMICS JOB OPPORTUNITIES LAND MARKETS RENT DEBTS PRODUCTIVITY EXTERNALITIES INDUSTRIALIZATION TRANSFERS MARKETS ORGANIZATIONS RECEIPTS ALLOCATIVE EFFICIENCY LAND RIGHTS LABOR MARKET ISSUES LAND OWNERSHIP SOCIAL SECURITY STANDARDS LABOR FARMERS ENTERPRISES SUBSIDIES REAL ESTATE FINANCE EFFICIENCY TAXES BANKS EXPENDITURE INCENTIVE PROBLEMS FACTOR MARKETS CONSUMPTION PRODUCTIVITY GROWTH HUMAN CAPITAL LAND MARKET AFFORDABILITY ECONOMIC PERFORMANCE CAPITAL WAGES POLICIES ECONOMETRIC ANALYSIS LAND BANKS SMALL ENTERPRISES PROPERTY TAXES FAMILY VALUE SOURCE OF INCOME GENDER BANK SAFETY NET URBAN AREAS HOUSEHOLD AGRICULTURAL SECTOR AGRICULTURE PROPERTY PROPERTIES LAND REGISTRATION JOB CREATION MEASUREMENT PHYSICAL ASSETS ASSETS TRANSACTION COSTS AGRICULTURAL ACTIVITIES URBAN DEVELOPMENT ECONOMICS DIVERSIFICATION PROFITABILITY INSURANCE WAGE STRUCTURE TAXATION ECONOMIC DEVELOPMENT SECURITY REGISTRATION SYSTEM FINANCIAL DEVELOPMENT GROWTH RATE INVESTMENT RISK HOUSEHOLDS ACCESS TO SERVICES BARGAINING SUPPLY MEDICAL EXPENSE DECENTRALIZATION REVENUE LABOR SUPPLY LAW PROFIT HOUSEHOLD WELFARE FEES EDUCATIONAL LEVELS PROFITS LABOR MARKETS FINANCIAL SECTOR OUTCOMES SAFETY POSITIVE EFFECTS SELF-EMPLOYMENT COOPERATIVE PRICES NEGATIVE EXTERNALITIES DEVELOPMENT POLICY INEQUALITY FUTURE RESEARCH
spellingShingle	LIVING STANDARDS EMPLOYMENT PHYSICAL CAPITAL RIGHTS MOTIVATION ECONOMIC GROWTH VILLAGES PEOPLE PRODUCTION VILLAGE INCOME INTEREST BIAS PROPERTY RIGHTS INFORMATION REVENUES WELFARE LOC ENDOWMENTS EFFECTS INCENTIVES VARIABLES ENDOWMENT SUBSIDY INPUTS CORRUPTION WEALTH TRANSACTION COST AGRICULTURAL OUTPUT INTERNATIONAL BANK VALUE OF OUTPUT SECURE PROPERTY RIGHTS TRENDS PRICE DISCOVERY DEVELOPMENT LABOR MARKET START-UP PER CAPITA INCOME DEVELOPMENT ECONOMICS JOB OPPORTUNITIES LAND MARKETS RENT DEBTS PRODUCTIVITY EXTERNALITIES INDUSTRIALIZATION TRANSFERS MARKETS ORGANIZATIONS RECEIPTS ALLOCATIVE EFFICIENCY LAND RIGHTS LABOR MARKET ISSUES LAND OWNERSHIP SOCIAL SECURITY STANDARDS LABOR FARMERS ENTERPRISES SUBSIDIES REAL ESTATE FINANCE EFFICIENCY TAXES BANKS EXPENDITURE INCENTIVE PROBLEMS FACTOR MARKETS CONSUMPTION PRODUCTIVITY GROWTH HUMAN CAPITAL LAND MARKET AFFORDABILITY ECONOMIC PERFORMANCE CAPITAL WAGES POLICIES ECONOMETRIC ANALYSIS LAND BANKS SMALL ENTERPRISES PROPERTY TAXES FAMILY VALUE SOURCE OF INCOME GENDER BANK SAFETY NET URBAN AREAS HOUSEHOLD AGRICULTURAL SECTOR AGRICULTURE PROPERTY PROPERTIES LAND REGISTRATION JOB CREATION MEASUREMENT PHYSICAL ASSETS ASSETS TRANSACTION COSTS AGRICULTURAL ACTIVITIES URBAN DEVELOPMENT ECONOMICS DIVERSIFICATION PROFITABILITY INSURANCE WAGE STRUCTURE TAXATION ECONOMIC DEVELOPMENT SECURITY REGISTRATION SYSTEM FINANCIAL DEVELOPMENT GROWTH RATE INVESTMENT RISK HOUSEHOLDS ACCESS TO SERVICES BARGAINING SUPPLY MEDICAL EXPENSE DECENTRALIZATION REVENUE LABOR SUPPLY LAW PROFIT HOUSEHOLD WELFARE FEES EDUCATIONAL LEVELS PROFITS LABOR MARKETS FINANCIAL SECTOR OUTCOMES SAFETY POSITIVE EFFECTS SELF-EMPLOYMENT COOPERATIVE PRICES NEGATIVE EXTERNALITIES DEVELOPMENT POLICY INEQUALITY FUTURE RESEARCH Deininger, Klaus Jin, Songqing Liu, Shouying Xia, Fang Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment
geographic_facet	East Asia and Pacific China
relation	Policy Research Working Paper;No. 7388
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 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.
format	Working Paper
author	Deininger, Klaus Jin, Songqing Liu, Shouying Xia, Fang
author_facet	Deininger, Klaus Jin, Songqing Liu, Shouying Xia, Fang
author_sort	Deininger, Klaus
title	Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment
title_short	Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment
title_full	Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment
title_fullStr	Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment
title_full_unstemmed	Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment
title_sort	impact of property rights reform to support china’s rural-urban integration : household-level evidence from the chengdu national experiment
publisher	World Bank, Washington, DC
publishDate	2015
url	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
_version_	1764451083083579392

Impact of Property Rights Reform to Support China’s Rural-Urban Integration : Household-Level Evidence from the Chengdu National Experiment

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