Market versus administrative reallocation of agricultural land in a period of rapid industrialization

Market versus administrative reallocation of agricultural land in a period of rapid industrialization

by Michael R. Carter

Part of Policy research working paper ;

1999
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Property rights in China are moving in two different directions. In some villages, private rights are secure and to some degree marketable; in other villages, individual rights are increasingly restricted and suject to more regulation and reallocation. Administrative reallocation tends to promote more equal access to land, but the price paid for the social insurance of land tenure may be forgone investment.

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