Land Titling in China: Chengdu Experiment and Its Consequences

China Economic Journal 5(1), pp. 47-64, 2012

29 Pages Posted: 20 Mar 2013

See all articles by Lixing Li

Lixing Li

Peking University - China Center for Economic Research (CCER)

Multiple version iconThere are 2 versions of this paper

Date Written: July 1, 2012

Abstract

Lack of transfer rights for collectively-owned land has led to inefficient land use and rising urban-rural income inequality in China, which calls for property rights reform in the rural area. This paper studies the land titling experiment in Chengdu since 2008. Based on field surveys and analysis of data on land transactions, we find that rural residents’ income and wealth increased significantly after achieving transfer rights on collectively-owned land. The implied land price is found to be correlated with the strength of property rights. With land titling, the market for rural construction land is growing in Chengdu. We argue that a property rights reform that changes the primary role of rural land from welfare to property will provide China with an opportunity to achieve urban-rural harmony and land use efficiency while maintaining its fast urbanization process.

Keywords: land titling, property rights delineation, land market, rural construction land, China

JEL Classification: Q15, R52, H71, K11

Suggested Citation

Li, Lixing, Land Titling in China: Chengdu Experiment and Its Consequences (July 1, 2012). China Economic Journal 5(1), pp. 47-64, 2012. Available at SSRN: https://ssrn.com/abstract=2235981

Lixing Li (Contact Author)

Peking University - China Center for Economic Research (CCER) ( email )

Beijing, 100871
China

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
62
Abstract Views
422
rank
367,679
PlumX Metrics