The impact of legal changes on land market activity in China
Riedinger, Jeffrey M.
Using data from national surveys in the years 1999, 2001, 2005 and 2008 from 17 provinces in China, we analyze the changes in land market activity after the introduction of the Land Management Law in 1998 (LML), and the Rural Land Contracting Law in 2002 (RLCL). The lack of tenure security, measured by administrative readjustments of land use rights, was one of the impediments to the emergence of transfer markets in China. In the years since RLCL was implemented, we find increased incidence of compensated transfers. These findings provide evidence that secure land tenure rights with long term tenure, and written documentation, have encouraged land market activity for the transfer of land use rights in China.
Event: Conference on Land Governance in Support of the MDG's : Responding to New Challenges
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