<b>The Legal and Economic Approach to Farmland Property Rights in China </b>

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Other Title
  • 中国における農地の財産権への「法と経済学」からの接近
  • チュウゴク ニ オケル ノウチ ノ ザイサンケン エ ノ 「 ホウ ト ケイザイガク 」 カラ ノ セッキン
  • The Legal and Economic Approach to Farmland Property Rights in China

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Abstract

Recently, the liquidation of farmland has become mandatory in Chinase villages. However, the farmland property right is a contracted management right. Therefore, from the viewpoint of economics, the validity of the latter right must be determined for the land to be liquidated. We conclude the following: (1) The contracted management right has been revised to encourage farmers to invest more, by expanding the scope of residual claims. (2) Partial compensation under eminent domain certifies the entitlement of the contracted management right. This measure restrains excessive investment and expropriation by farmers and the government respectively. (3) In the case of the Hunan province, the farmers perceived the establishment of land property rights to be a precursor to the liquidation of their farmland.

Journal

  • Journal of Rural Problems

    Journal of Rural Problems 48 (1), 78-83, 2012

    The Association for Regional Agricultural and Forestry Economics

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