Land documents, tenure security and land rental development: Panel evidence from China
Hui Wang,
Jeffrey Riedinger and
Songqing Jin
China Economic Review, 2015, vol. 36, issue C, 220-235
Abstract:
We use household and farm-plot level data from a two period panel survey covering six provinces in China to explore how tenure security, especially issuance of land documents, affected people's behavior in China's rural land rental market. A correlated random effect model is used to account for the endogeneity of document issuance and land reallocations. The econometric analysis shows that possession of documents and fewer major land reallocations encourage households to engage in land renting to non-family members, and the effects of land right documents are stronger in 2008 than in 2000.
Keywords: Land use rights; Land document; Land transfer; Correlated random effect model method; China (search for similar items in EconPapers)
JEL-codes: O12 Q15 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (71)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:36:y:2015:i:c:p:220-235
DOI: 10.1016/j.chieco.2015.09.005
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