Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/15506
Title: Institutional changes for land redevelopment in transitional China: A property rights approach to the case of Jinhuajie, Guangzhou
Authors: LIU XUAN
Keywords: institutional change, property rights, transitional China, Guangzhou, Jinhuajie
Issue Date: 16-Aug-2006
Source: LIU XUAN (2006-08-16). Institutional changes for land redevelopment in transitional China: A property rights approach to the case of Jinhuajie, Guangzhou. ScholarBank@NUS Repository.
Abstract: Based on the economical analyses of institutions and property rights, this study attempts to build on the existing knowledge of land redevelopment by answering these research questions: 1) why have there been institutional changes in the transitional China? 2) how do the institutions evolve and structure the land redevelopment in the transitional China? 3) following the institutional change, what patterns and processes of land redevelopment have been generated in transitional China? This study reveals that during the transition, the local government initiated gradual institutional changes to speed up local land redevelopment and phase out existing strong land use rights step by step. Transitional institutional changes help to dispel socialist land use rights of residents and SOEs and make further development to be able to follow market mechanisms. However, informal property rights results in rapid but sub-optimal redevelopment and inadequate order in the land market.
URI: http://scholarbank.nus.edu.sg/handle/10635/15506
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