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Property Rights, Land Misallocation, and Agricultural Efficiency in China

Bibliographic Data

ID23344192
AuthorsA V Chari (University of Sussex), Amalavoyal Chari (University of Sussex), Elaine M Liu (0000-0002-9513-994X, University of Houston and NBER), Shing-Yi Wang (0000-0001-7709-9537, University of Pennsylvania and NBER, corresponding author), Yongxiang Wang (0000-0002-0463-1104, Shanghai Jiao Tong University and Chinese University of Hong Kong, Shenzhen), Yong‐Xiang Wang (0000-0001-5557-0076, Shanghai Jiao Tong University)
EditorsUta Schoenberg
Year2021
Volume88
Issue4
Pages1831-1862
Publication date2021-07-17
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Review of Economic Studies (JOURNAL)
Journal identifiersISSN: 0034-6527 • E-ISSN: 1467-937X
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/restud/rdaa072
OpenAlexW2772061290
LanguageEN
Citations received71
References cited42

This article examines the impact of a property rights reform in rural China that allowed farmers to lease out their land. We find the reform led to increases in land rental activity in rural households. Our results indicate that the formalization of leasing rights resulted in a redistribution of land toward more-productive farmers. Consequently, output and aggregate productivity increased by 8$\%$ and 10$\%$, respectively. We also find that the reform increased the responsiveness of land allocation across crops to changes in crop prices.

Agricultural economics · Agricultural land · Agricultural productivity · Agriculture · China · Economic growth · Economics · Geography · Land reform · Lease · Microeconomics · Natural resource economics · Political science · Politics · Productivity · Property rights · Redistribution (election) · Renting · Agriculture, Land Use, Rural Development · China's Socioeconomic Reforms and Governance · Finance · Land Rights and Reforms

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Unique citing works71
Citations per year10,14
Citation span2019 - 2027 (9)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 64

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