On the transaction values of land use rights in rural China

Khantachavana, Sivalai V.; Turvey, Calum G.; Kong, Rong; Xia, Xianli

doi:10.1016/j.jce.2012.11.003

Cited by 29 publications

(19 citation statements)

References 26 publications

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“…Feder (1988), Eggertsson (1990), Besley (1995), Alston et al (1996), Feder & Nishio (1999), Marsh et al(2006), Deininger and Jin(2009), Ma et al (2015) have argued that land property-right institutions and land registration is the basis for improved tenure security, economic behavioral changes, land productivity improvement, access to formal credit, developing markets and encouraging long-term investment. In the Chinese context Khantachavana, et al(2013) point out that a market for mortgaging LUR, if developed, would provide farmers with access to credit markets, stimulate investment and improve operational performance and productivity, while enabling farmers to reallocate resources and responded to the changing Chinese economy. 2 On innovation Schumpeter writes "it is by means of new combinations of existing factors of production embodied in new plants, and typically, new firms producing either new commodities, or by new, i.e.…”

Section: Whatmentioning

confidence: 99%

An analysis of China’s reforms on mortgaging and transacting rural land use rights and entrepreneurial activity

Peng

Kong

2020

AFR

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Purpose The purpose of this paper is to investigate the economic relationship with recent changes in China’s land use policy and rural development through innovation and entrepreneurship. Design/methodology/approach The first issue of economic importance is in understanding the market value of land use rights (LUR) transactions. To examine this, the authors build an argument around the idea of economic and marginal rents from Ricardo. The second issue relates to the extent by which deepening the rural financial landscape by allowing the mortgaging of LUR will promote and advance much needed entrepreneurial activity. To explore this issue, the authors draw on Schumpeter. The empirical contribution is based on a survey of 1,465 farm households in Gansu, Henan, Shaanxi and Shandong provinces. Findings In an endogenous Two-Stage Least Squares model, the authors find a positive and significant relationship between a willingness to mortgage LUR and entrepreneurship, which suggest that the new policy may well meet that objective. However, the authors do not find that entrepreneurs alone will have a willingness to mortgage LUR; non-entrepreneurs – traditional farmer types – would also be willing to mortgage LUR, but with a caveat that either group already has a disposition or demand for credit. Originality/value The value of the analysis is to provide an evidence to understand the market value of LUR transactions and to study the relationship between mortgage of LUR and entrepreneurial activity.

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Section: Whatmentioning

confidence: 99%

An analysis of China’s reforms on mortgaging and transacting rural land use rights and entrepreneurial activity

Peng

Kong

2020

AFR

Self Cite

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“…However, in this process, driven by the motivation to seek short-term economic benefits, certain regions of China have made blind decisions in the use of land resources that is not scientific. For example, Khantachavana et al studied the transaction values of land use rights in rural China [7]; Zoomers et al analyzed acquiring and developing land safely [8]; Shen et al studied how the healthcare system uses land [9]; and Mertz and Mertens studied the conservation and land sharing policies in developing countries [10]. Land is often over-developed amid rapid economic growth-resources are wasted, and the entire ecological environment suffers damages, as discussed below:…”

Section: Introductionmentioning

confidence: 99%

Analysis and Prediction of Land Use in Beijing-Tianjin-Hebei Region: A Study Based on the Improved Convolutional Neural Network Model

Liu

Yang

et al. 2020

Sustainability

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During the rapid economic development of China, there are certain blind decisions made in the use of land resources, which poses a significant threat to sustainable development. With the help of the improved convolutional neural network model, this paper analyzes the land use of the Beijing-Tianjin-Hebei region of China from 1995 to 2018, and provides a prediction for 2023. The research results show that: (1) There is still much room for improvement in the land use of the Beijing-Tianjin-Hebei region, with dry land taking up the largest proportion of land in these three locations; (2) Beijing’s development has been well protected in terms of land use. It is predicted that by 2023, the proportions of its woodland, grassland, and rivers, lakes, reservoirs and ponds would increase by 0.26%, 0.30%, and 0.61%, respectively, compared with their proportion in 2018; (3) the land use type in Tianjin during the research period was generally stable. In 2018, the proportion of its woodland and grassland had increased by 1.04% and 0.61%, respectively, compared with that of 1995; and (4) many ecological and environmental problems were exposed during the construction of highways in Hebei province. The area of sand land, saline-alkali land, marshland, bare land, and bare rock areas have all increased, and their total proportion is predicted to reach 1.48% by 2023.

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“…Some studies concluded that they leave cities because they cannot enjoy the same public services as urban residents or fail to adapt to city life [17,18], or because they have to go back to take care of the elderly or left-behind children [15,19]. Some other research find that some villagers are back to the countryside as they choose to return to villages to engage in new types of agriculture (such as sightseeing orchards or farms) or new rural construction (a strategy proposed by the Chinese government in 2005 to stimulate rural development) [20][21][22]. In view of this trend, the state proposed a new macro strategy of harmonious development of urbanization and de-urbanization in the National People's Congress in 2018, which emphasizes the complement of urbanization process and rural development.…”

Section: Introductionmentioning

confidence: 99%

“…Thus, the rural society is being affected by the new rules of resource allocation and the formation of new interest groups. However, even if the state needs to enhance its control over the countryside by resource allocation and social mobilization, the basic habits, customs and norms, which have never completely disappeared, are the basic conditions for China's rural development [22].…”

Section: Introductionmentioning

confidence: 99%

Understanding Land Use and Rural Development in the National Scheme of Village Relocation and Urbanization in China: A Case Study of Two Villages in Jiangsu Province

Huang

Qin

et al. 2018

Sustainability

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Large-scale village relocation and urbanization, one of the most significant social changes in China, bring villages both development opportunities and social risks. The social risks mainly stem from the government’s strong position in land expropriation and policy preference for urban development. We observe the amalgamation of Anyang and Bomu Village in China and explore the specific role of land policies in the social change and restructuring of the two villages. We find that clan gentries challenge the government’s “absolute” authority over land and landless villagers start the trend of “de-urbanization.” Our research presents targeted policy recommendations in terms of weakening the role of the government in urbanization, strengthening dialogues between the government and clans and coordinating urban and rural land use.

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On the transaction values of land use rights in rural China

Cited by 29 publications

References 26 publications

An analysis of China’s reforms on mortgaging and transacting rural land use rights and entrepreneurial activity

An analysis of China’s reforms on mortgaging and transacting rural land use rights and entrepreneurial activity

Analysis and Prediction of Land Use in Beijing-Tianjin-Hebei Region: A Study Based on the Improved Convolutional Neural Network Model

Understanding Land Use and Rural Development in the National Scheme of Village Relocation and Urbanization in China: A Case Study of Two Villages in Jiangsu Province

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