| ID | 079066 |
| Title Proper | New compensation standard for land expropriation in China |
| Language | ENG |
| Author | Zou, Xiuqing ; Oskam, Arie J |
| Publication | 2007. |
| Summary / Abstract (Note) | This paper explores a new compensation standard for use in agricultural land conversion in China during the land-expropriation process, based on the market value definition. Assuming identical bargaining power between the buyer and the seller, efficient and equitable compensation is obtained through a market transaction and bargaining negotiation mechanism, under the assumpation of a perfect market. From the state-of-the-art viewpoint of land appraising, a practical approximation of the theoretical optimal compensation will provide an effective solution for China, under the current collective-owned land property rights structure |
| `In' analytical Note | China and World Economy Vol. 15, No.5; Sep-Oct 2007: p107-120 |
| Journal Source | China and World Economy Vol. 15, No.5; Sep-Oct 2007: p107-120 |
| Key Words | China ; Compensation Standard ; Land Expropriation |