| ID | 147623 |
| Title Proper | Reallocating wealth? insecure property rights and agricultural investment in rural China |
| Language | ENG |
| Author | Leight, Jessica |
| Summary / Abstract (Note) | This paper evaluates the impact of village-level land reallocations in China on household economic outcomes. The primary objective is to analyze the effect of short-term differences in tenure security in the year of a reallocation, employing the past history of land shifts as a source of exogenous variation in current tenure security. The results show that a decrease in the probability of losing the current plot yields an increase in agricultural inputs and production with no change in non-agricultural investments, conditional on household fixed effects that control for any unobserved and time-invariant characteristics of the household. This suggests that even small increases in the security of tenure enjoyed by households could yield benefits in terms of greater agricultural output. |
| `In' analytical Note | China Economic Review Vol. 40; Sep 2016: p.207–227 |
| Journal Source | China Economic Review 2016-09 |
| Key Words | Property Rights ; Agricultural Production ; Reallocation |