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作 者:Michael Carter 姚洋[2]
机构地区:[1]威斯康星大学麦迪逊分校农业与应用经济学系 [2]北京市北京大学中国经济研究中心,100871
出 处:《经济学(季刊)》2004年第4期983-1002,共20页China Economic Quarterly
摘 要:本文扩展了农地产权方面的经验研究文献,将转让权纳入分析之中。本文的理论模型证明,在不完全劳动力市场下,随着工业化的深入,残缺的转让权将导致农户对土地投资的后悔效应。本文利用面板数据的计量分析在很大程度上证明了后悔效应的存在。This paper broadens the empirical literature on property rights of land by moving beyond the study of tenure secure to include transfer rights into the analysis.Theoretically this pa- per shows that in presence of imperfect labor markets transfer rights permit specialization in off- farm activities without investment-depressing'regret effects'that are likely to increase in impor- tance as an economy industrializes and its population begins to specialize in non-agricultural activi- ties.This paper's econometric analysis of household level panel data from China largely corrobo- rates these theoretical propositions.
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