An Economic Analysis of Compensation for Rural Land Expropriation
Ming-zhi Xu,
Jia-cheng Dai and
Lu-xi Cao
Asian Agricultural Research, 2011, vol. 03, issue 09, 2
Abstract:
To study which method is more effective in complete compensation and zero compensation for rural land expropriation, we use economic models to analyze whether the government is benevolent and which compensation method can achieve the social optimal level. The results show that both complete compensation and zero compensation will lead to over-investment of land owners, and consequently result in loss of social welfare.
Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asagre:121738
DOI: 10.22004/ag.econ.121738
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