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Title: Property rights in rural China : an empirical study of institutional choice in transitional economies
Authors: Kung, James Kai-sing
Liu, Shouying
Keywords: Rural development
Economic development
Property rights
Land tenure
Issue Date: 24-Apr-1997
Series/Report no.: Working Papers in the Social Sciences ; No. 3
Abstract: Existing criticisms on the tenure system in rural China as being too egalitarian for economic efficiency are often made on the basis of certain assumptions about economic behavior under common property rights. Utilizing a unique data set, villages are found to have exhibited tremendous variations in local tenure organizations: with some being much less egalitarian (and thus less conforming to the criticisms) than others, depending upon the local economic environment and resource endowment. To the extent that variations in the degree of egalitarianism are beyond a village's control, institutional outcomes and preferences cannot simply be equated with notions that the more private the property rights the greater the economic efficiency.
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