Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China
The importance of land rental for overall economic development has long been recognized in theory, yet empirical evidence on the productivity and equity impacts of such markets and the extent to which they realize their potential has been scant. Re...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/12/8894845/land-rental-markets-process-rural-structural-transformation-productivity-equity-impacts-china http://hdl.handle.net/10986/7516 |
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okr-10986-75162021-04-23T14:02:35Z Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China Deininger, Klaus Jin, Songqing AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL RESEARCH AGRICULTURE ALLOCATION ASSETS BARGAINING BARGAINING POWER COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS CONTRACTUAL ARRANGEMENTS DEVELOPMENT ECONOMICS DISTRIBUTION OF INCOME DRIVERS ECONOMETRIC ANALYSIS ECONOMIC BENEFITS ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC SITUATION ECONOMICS EMPLOYMENT EMPLOYMENT OPPORTUNITIES EQUALIZATION EQUATIONS FACTOR MARKETS FACTORS OF PRODUCTION FAMILY LABOR FARM STRUCTURES FARMERS FARMS GENERAL EQUILIBRIUM GINI COEFFICIENT INCOME LEVELS INCOMES INEFFICIENCY INFORMATIONAL IMPERFECTIONS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABOUR LABOUR MARKETS LAND REFORM LAND USE LEGAL PROVISIONS LIQUIDITY LOCAL GOVERNMENT MANDATES MARGINAL PRODUCT MARKET LIBERALIZATION MARKET OPERATION MARKETING MIGRATION MORAL HAZARD MOTIVATION OCCUPATIONS PER CAPITA INCOME POLITICAL ECONOMY PRIVATE PROPERTY PRIVATE PROPERTY RIGHTS PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS RURAL LABOR SEARCH COSTS STRUCTURAL CHANGE SUB-SAHARAN AFRICA TRANSACTION COSTS TRANSACTIONS COSTS TRANSITION ECONOMY UNEMPLOYMENT URBAN DEVELOPMENT WAGES WEALTH WTO The importance of land rental for overall economic development has long been recognized in theory, yet empirical evidence on the productivity and equity impacts of such markets and the extent to which they realize their potential has been scant. Representative data from China's nine most important agricultural provinces illustrate the impact of rental markets on households' economic strategies and welfare, and the productivity of land use at the plot level. Although there are positive impacts in each of these dimensions, transaction costs constrain participation by many producers, thus preventing rental markets from attaining their full potential. The paper identifies factors that increase transaction costs and provides a rough estimate of the productivity and equity impacts of removing them. 2012-06-08T14:56:03Z 2012-06-08T14:56:03Z 2007-12 http://documents.worldbank.org/curated/en/2007/12/8894845/land-rental-markets-process-rural-structural-transformation-productivity-equity-impacts-china http://hdl.handle.net/10986/7516 English Policy Research Working Paper; No. 4454 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 |
| topic |
AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL RESEARCH AGRICULTURE ALLOCATION ASSETS BARGAINING BARGAINING POWER COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS CONTRACTUAL ARRANGEMENTS DEVELOPMENT ECONOMICS DISTRIBUTION OF INCOME DRIVERS ECONOMETRIC ANALYSIS ECONOMIC BENEFITS ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC SITUATION ECONOMICS EMPLOYMENT EMPLOYMENT OPPORTUNITIES EQUALIZATION EQUATIONS FACTOR MARKETS FACTORS OF PRODUCTION FAMILY LABOR FARM STRUCTURES FARMERS FARMS GENERAL EQUILIBRIUM GINI COEFFICIENT INCOME LEVELS INCOMES INEFFICIENCY INFORMATIONAL IMPERFECTIONS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABOUR LABOUR MARKETS LAND REFORM LAND USE LEGAL PROVISIONS LIQUIDITY LOCAL GOVERNMENT MANDATES MARGINAL PRODUCT MARKET LIBERALIZATION MARKET OPERATION MARKETING MIGRATION MORAL HAZARD MOTIVATION OCCUPATIONS PER CAPITA INCOME POLITICAL ECONOMY PRIVATE PROPERTY PRIVATE PROPERTY RIGHTS PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS RURAL LABOR SEARCH COSTS STRUCTURAL CHANGE SUB-SAHARAN AFRICA TRANSACTION COSTS TRANSACTIONS COSTS TRANSITION ECONOMY UNEMPLOYMENT URBAN DEVELOPMENT WAGES WEALTH WTO |
| spellingShingle |
AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL RESEARCH AGRICULTURE ALLOCATION ASSETS BARGAINING BARGAINING POWER COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS CONTRACTUAL ARRANGEMENTS DEVELOPMENT ECONOMICS DISTRIBUTION OF INCOME DRIVERS ECONOMETRIC ANALYSIS ECONOMIC BENEFITS ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC SITUATION ECONOMICS EMPLOYMENT EMPLOYMENT OPPORTUNITIES EQUALIZATION EQUATIONS FACTOR MARKETS FACTORS OF PRODUCTION FAMILY LABOR FARM STRUCTURES FARMERS FARMS GENERAL EQUILIBRIUM GINI COEFFICIENT INCOME LEVELS INCOMES INEFFICIENCY INFORMATIONAL IMPERFECTIONS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABOUR LABOUR MARKETS LAND REFORM LAND USE LEGAL PROVISIONS LIQUIDITY LOCAL GOVERNMENT MANDATES MARGINAL PRODUCT MARKET LIBERALIZATION MARKET OPERATION MARKETING MIGRATION MORAL HAZARD MOTIVATION OCCUPATIONS PER CAPITA INCOME POLITICAL ECONOMY PRIVATE PROPERTY PRIVATE PROPERTY RIGHTS PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS RURAL LABOR SEARCH COSTS STRUCTURAL CHANGE SUB-SAHARAN AFRICA TRANSACTION COSTS TRANSACTIONS COSTS TRANSITION ECONOMY UNEMPLOYMENT URBAN DEVELOPMENT WAGES WEALTH WTO Deininger, Klaus Jin, Songqing Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper; No. 4454 |
| description |
The importance of land rental for
overall economic development has long been recognized in
theory, yet empirical evidence on the productivity and
equity impacts of such markets and the extent to which they
realize their potential has been scant. Representative data
from China's nine most important agricultural provinces
illustrate the impact of rental markets on households'
economic strategies and welfare, and the productivity of
land use at the plot level. Although there are positive
impacts in each of these dimensions, transaction costs
constrain participation by many producers, thus preventing
rental markets from attaining their full potential. The
paper identifies factors that increase transaction costs and
provides a rough estimate of the productivity and equity
impacts of removing them. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Deininger, Klaus Jin, Songqing |
| author_facet |
Deininger, Klaus Jin, Songqing |
| author_sort |
Deininger, Klaus |
| title |
Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China |
| title_short |
Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China |
| title_full |
Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China |
| title_fullStr |
Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China |
| title_full_unstemmed |
Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China |
| title_sort |
land rental markets in the process of rural structural transformation : productivity and equity impacts in china |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/12/8894845/land-rental-markets-process-rural-structural-transformation-productivity-equity-impacts-china http://hdl.handle.net/10986/7516 |
| _version_ |
1764402729381265408 |