Land reallocation reform in rural China: A behavioral economics perspective
Land reallocation reform in rural China: A behavioral economics perspective
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中国农村的土地再配置改革:行为经济学的视角
DOI:
10.1016/j.landusepol.2014.05.006
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发表时间:
2014-11-01
期刊:
影响因子:
7.1
通讯作者:
Jiang, Yan
中科院分区:
文献类型:
--
作者:
Feng, Lei;Bao, Helen X. H.;Jiang, Yan
Based on prospect theory, we develop a theoretical framework to unify divided views on land reallocation reform in China. Our theoretical framework and empirical verification explain the driving forces behind the success of the rural land reallocation reform in China. We find that rural land reallocation reform in China is characterized by induced and imposed institutional changes. The relationship between induced and imposed institutional change is complementary instead of competing. The decision and frequency of land reallocation are affected by both local endowment and central government policy. Empirical findings also suggest that land reallocation reform in China is incremental, with interim policy targets from different stages taking gradual effect. The incremental implementation of the "No Reallocation" policy is the reason behind the widespread, diversified land reallocation practices across the country; this policy also contributes to the success of rural land reform in China. The theoretical model can be used to study a wide range of government-led institutional changes in China, such as affordable housing schemes and the National New-type Urbanization Plan (2014-2020). (C) 2014 Elsevier Ltd. All rights reserved.