Economic value of tradable farmland use rights and mortgage loans in China

H. Holly Wang

Agricultural Finance Review, 2008, vol. 68, issue 2, pages 289-300

Abstract: This paper first discusses the possibility of market-transferable land use rights and mortgage loans in China, and then shows farmers’ welfare gain in the presence of such mortgage loans with a theoretical model. Cases of risks and asymmetric information are studied, and policy implications are drawn.

Keywords: Asymmetric information; Land use rights; Mortgage loan; Risk; Welfare (search for similar items in EconPapers)
Date: 2008

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