Impact of Property Rights Reform to Support China?S Rural-Urban Integration: Village-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

Ting Shao

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 labor market restrictions. This study uses a discontinuity design with spatial fixed effects to compare 529 villages just inside and outside the prefecture?s border. The results suggest that the reforms increased tenure security, aligned land use closer to economic incentives, mainly through market transfers, and led to an increase in enterprise start-ups. These impacts, most of which are more pronounced for villages with lower travel time to Chengdu city, point toward high potential gains from factor market reform.

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

Suggested Citation

Deininger, Klaus and Jin, Songqing and Liu, Shouying and Shao, Ting and Xia, Fang, Impact of Property Rights Reform to Support China?S Rural-Urban Integration: Village-Level Evidence from the Chengdu National Experiment (August 11, 2015). World Bank Policy Research Working Paper No. 7389, Available at SSRN: https://ssrn.com/abstract=2642591

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

Ting Shao

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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