The importance of well-functioning land markets for structural transformation via labor movements to the non-agricultural sector, growth in farm size, and the ability to use land as collateral for credit...
Compared with the vast literature on the investment and productivity effects of land rights formalization, little attention has been paid to the impact of variation in individuals’ tenure security under...
Private property rights are generally considered one of the key pillars of economic growth and development. By the same token, a lack of clear and formal property rights, a pervasive feature in many developing...
In the post-collectivization period, rural Chinese households were required to sell part of their grain output to the state at a below-market price; however, increases in this quota price beginning in...