Impact of Property Rights Reform to Support China?S Rural-Urban Integration: Household-Level Evidence from the Chengdu National Experiment

26 Pages Posted: 20 Apr 2016

See all articles by Klaus Deininger

Klaus Deininger

World Bank - Development Economics Group (DEC); World Bank - Development Research Group (DECRG)

Songqing Jin

Zhejiang University - China Academy for Rural Development; World Bank

Shouying Liu

Development Research Center (DRC) of the State Council

Fang Xia

University of International Business and Economics (UIBE); World Bank

Date Written: August 11, 2015

Abstract

As part of a national experiment in 2008, Chengdu prefecture implemented ambitious property rights reforms, including complete registration of all land together with measures to ease transferability and eliminate migration restrictions. A triple difference approach using the Statistics Bureau?s regular household panel suggests that the reforms increased consumption and income, especially for less wealthy and less educated households, with estimated benefits well above the cost of implementation. Local labor supply increased, with the young shifting toward agriculture and the old toward off-farm employment. Agricultural yields, intensity of input use, and diversity of output also increased. Improving property rights in peri-urban China appears to have increased investment and diversification.

Keywords: Legal Reform, Youth and Governance, Industrial Economics, Government Policies, Economic Growth, Regulatory Regimes, Legal Products, Economic Theory & Research, National Governance, Judicial System Reform, Legislation, Social Policy

Suggested Citation

Deininger, Klaus and Jin, Songqing and Liu, Shouying and Xia, Fang, Impact of Property Rights Reform to Support China?S Rural-Urban Integration: Household-Level Evidence from the Chengdu National Experiment (August 11, 2015). World Bank Policy Research Working Paper No. 7388, Available at SSRN: https://ssrn.com/abstract=2642590

Klaus Deininger (Contact Author)

World Bank - Development Economics Group (DEC) ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

HOME PAGE: http://econ.worldbank.org/staff/kdeininger

World Bank - Development Research Group (DECRG)

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States

Songqing Jin

Zhejiang University - China Academy for Rural Development ( email )

Qizhen Building, Zijingang Campus,ZJU
Hangzhou, Zhejiang 310058
China

World Bank ( email )

1818 H Street N.W.
Washington, DC 20433
United States

Shouying Liu

Development Research Center (DRC) of the State Council ( email )

No. 225, Chaoyangmen Nei Dahie
Dongcheng District
Beijing, 100010
China

Fang Xia

University of International Business and Economics (UIBE) ( email )

10, Huixin Dongjie
Changyang District
Beijing, Beijing 100029
China

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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