Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China

Deininger, Klaus ; Jin, Songqing

World Bank, Washington, DC

关键词: AGRICULTURAL DEVELOPMENT;    AGRICULTURAL ECONOMICS;    AGRICULTURAL OUTPUT;    AGRICULTURAL PRODUCTION;    AGRICULTURAL RESEARCH;   

DOI  :  10.1596/1813-9450-4454
RP-ID  :  WPS4454

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The importance of land rental foroverall economic development has long been recognized intheory, yet empirical evidence on the productivity andequity impacts of such markets and the extent to which theyrealize their potential has been scant. Representative datafrom China's nine most important agricultural provincesillustrate the impact of rental markets on households'economic strategies and welfare, and the productivity ofland use at the plot level. Although there are positiveimpacts in each of these dimensions, transaction costsconstrain participation by many producers, thus preventingrental markets from attaining their full potential. Thepaper identifies factors that increase transaction costs andprovides a rough estimate of the productivity and equityimpacts of removing them.