Land Rental Markets in the Process of Rural Structural Transformation : Productivity and Equity Impacts in China
The importance of land rental for
overall economic development has long been recognized in
theory, yet empirical evidence on the productivity and
equity impacts of such markets and the extent to which they
realize their potential has been scant. Representative data
from China's nine most important agricultural provinces
illustrate the impact of rental markets on households'
economic strategies and welfare, and the productivity of