Property rights, labor mobility and collectivization: The impact of institutional changes on China’s agriculture in 1950–1978

Shengmin Sun, Rigoberto Lopez and Xiaoou Liu

International Review of Economics & Finance, 2017, vol. 52, issue C, 345-351

Abstract: This paper evaluates the impact of property rights, labor mobility barriers and degrees of collectivization on China’s agricultural growth in 1950–1978. Using a semi-Bayesian stochastic frontier analysis, we find that collective production with free labor mobility and private property rights was the most efficient institutional setting. Although deviations from the two institutions resulted in a decline in agricultural production, the loss in agricultural production from labor mobility barriers was up to five times greater than loss from depriving farmers of private property rights.

Keywords: Economic growth; Institutions; Agriculture; Property rights; Labor mobility; China (search for similar items in EconPapers)
JEL-codes: N55 O2 O4 Q18 (search for similar items in EconPapers)
Date: 2017
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Working Paper: Property Rights, Labor Mobility and Collectivization: The Impact of Institutional Changes on China’s Agriculture in 1950-1978 (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:52:y:2017:i:c:p:345-351

DOI: 10.1016/j.iref.2017.01.019

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