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Impact of property rights reform to support China?s rural-urban integration: village-level evidence from the Chengdu national experiment

Klaus Deininger, Songqing Jin, Shouying Liu, Ting Shao and Fang Xia

No 7389, Policy Research Working Paper Series from The World Bank

Abstract: As part of a national experiment, in 2008 Chengdu prefecture implemented ambitious property rights reforms, including complete registration of all land together with measures to ease transferability and eliminate labor market restrictions. This study uses a discontinuity design with spatial fixed effects to compare 529 villages just inside and outside the prefecture?s border. The results suggest that the reforms increased tenure security, aligned land use closer to economic incentives, mainly through market transfers, and led to an increase in enterprise start-ups. These impacts, most of which are more pronounced for villages with lower travel time to Chengdu city, point toward high potential gains from factor market reform.

Keywords: Municipal Housing and Land; National Urban Development Policies&Strategies; Urban Housing; Urban Housing and Land Settlements; Land and Real Estate Development (search for similar items in EconPapers)
Date: 2015-08-11
New Economics Papers: this item is included in nep-cna, nep-exp, nep-tra and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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