Land Titling and Land Transferring: Evidence from China Read
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Title | Land Titling and Land Transferring: Evidence from China
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Author | Cheng Lingguo,Zhang Ye and Liu Zhibiao |
Organization | NanJing University |
Email | chenglingguo@gmail.com;zbliu@nju.edu.cnzhangye@nju.edu.cn; |
Key Words | Land Titling; Transaction Cost; Land Rental Market; Land Rent-out; Land Rent-in; Rental Rate |
Abstract | The obscurity and potential instability in the user right of the agricultural land in rural China bring about much uncertainty in the process of land transferring, which has been becoming an obstacle to the well-functioning of the land rental markets. To address the problem, Chinese government began to pilot a land titling programme nationally in 2011, which confers on farmers written land-use contracts and certification of land contracting rights, based on accurately measuring of the target land. Under a theoretical conceptual framework, this paper investigates the impact of land titling on the transferring of the land-use right, using the data from China Health and Retirement Longitudinal Study (CHARLS). The results show that land titling significantly promotes the land transferring (land rent-out, in particular) and the corresponding rental rate. |
Serial Number | WP725 |
Time | 2014-10-10 |
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