The determinants of farm investment and residential construction in post-reform China

Gershon Feder, Lawrence J. Lau, Justin Lin () and Luo Xiaopeng

No 471, Policy Research Working Paper Series from The World Bank

Abstract: The objective of this paper is to clarify, on the basis of detailed farm level data derived from recent surveys,the importance of factors related to tenure security, farm size and credit availability in constraining farmers'agricultural investment. In particular, a direct measure of farmers'perceptions regarding tenure security will be utilized, as well as information on transactions in the credit market. The next section provides a description of the study areas. It is followed by a discussion of factors affecting farm investment and a description of investment patterns in the study areas. A formal model of farmers'consumption and investment decisions, and an econometric analysis are then presented and results are interpreted. The last section summarizes the paper.

Keywords: Environmental Economics&Policies; Economic Theory&Research; Banks&Banking Reform; International Terrorism&Counterterrorism; Agricultural Knowledge&Information Systems (search for similar items in EconPapers)
Date: 1990-08-31
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www-wds.worldbank.org/external/default/WDSC ... d/PDF/multi_page.pdf (application/pdf)

Related works:
Journal Article: The Determinants of Farm Investment and Residential Construction in Post-Reform China (1992)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:471

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().