G2TT
来源类型Peer Reviewed
规范类型其他
Property rights reform, grassroots democracy and investment incentive
Zhang, Hong; Zhou, Lian; Xu, Jintao; Zhao, Jinyong
发表日期2017-01-21
出版年2017
语种英语
摘要

Zhang, Hong, Lian Zhou, Jintao Xu and Jinyong Zhao. 2016. “Property rights reform, grassroots democracy and investment incentive.” China Economic Quarterly (in Chinese). 15:3: 845-868.
Download reference Doi:10.13821/j.cnki.ceq.2016.02.01

Since 2006, China began a property reform on rural forest land, which is called "the second land reform" after the implementation of China's rural household contract responsibility system. Using a unique household survey data, we analyze the impact of grassroots democratic decision-making on investment incentives of the property right reform on forest land. We find that the property rights reform promotes farmers to raise about 19% of labor input on the forest land only in villages with a democratic decision-making process, while the property rights reform without a democratic decision-making process does not generate any significant incentive for investment. We also explore the channel of that impact and find that the democratic decision-making process can improve investment by enhancing villagers' confidence in their property rights and by empowering them through their involvement in the decision-making process to know their benefits. 

主题Forestry
URLhttps://efdinitiative.org/publications/property-rights-reform-grassroots-democracy-and-investment-incentive
来源智库Environment for Development Initiative (Sweden)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/138356
推荐引用方式
GB/T 7714
Zhang, Hong,Zhou, Lian,Xu, Jintao,et al. Property rights reform, grassroots democracy and investment incentive. 2017.
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