Market versus administrative reallocation of agricultural land in a period of rapid industrialization
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First published: 1999
1 language
Description
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.
