2003•The Study of Finance and EconomicsRequires access

Changes of Property Rights and Farmland Performance -An Empirical Analysis of China during Transition

Chen Zhi

Abstract

The farmland property rights characterized with householdresponsibility system (HRS) have been improved since reform:the using rights have becom increasingly stable,transferring rights have come into being and the exclusive profit rights have been strengthened.The transference of these rights has had corresponding effects on farmland performance.This paper analyzes the impact of the evolution of farmland property rights on farmland productivity,and then it builds and econometric model to test the above analysis.In the end,it puts forward some policy suggestions for further reforms.

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Key concepts: Property rights, China, Profit (economics), Econometric analysis, Productivity, Economics, Economic system, Natural resource economics