Property Rights Reform to Support China's Rural–Urban Integration: Village‐Level Evidence from the Chengdu Experiment

38 Pages Posted: 2 Jun 2020

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

Renmin University of China - School of Economics

Ting Shao

Development Research Center (DRC) of the State Council

Fang Xia

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

Date Written: December 2019

Abstract

As part of a national experiment, in 2008, Chengdu prefecture launched a series of property rights reforms, among them complete registration of all land and measures to ease transferability and eliminate labour market restrictions. A comparison of villages inside and outside the prefecture's border using a difference‐in‐difference approach suggests that the reforms have reduced administrative reallocations; aligned land use closer to economic incentives, mainly through market transfers; and stimulated enterprise startups. These results, most of which are more pronounced for villages closer to Chengdu city, illuminate the potential gains from factor market reform.

Suggested Citation

Deininger, Klaus and Jin, Songqing and Liu, Shouying and Shao, Ting and Xia, Fang, Property Rights Reform to Support China's Rural–Urban Integration: Village‐Level Evidence from the Chengdu Experiment (December 2019). Oxford Bulletin of Economics and Statistics, Vol. 81, Issue 6, pp. 1214-1251, 2019, Available at SSRN: https://ssrn.com/abstract=3615223 or http://dx.doi.org/10.1111/obes.12306

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

Renmin University of China - School of Economics ( email )

No. 59, Zhongguancun Street
Beijing, Beijing 100080
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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