Specialization without regret : transfer rights, agricultural productivity, and investment in an industrializing economy / Michael R. Carter and Yang Yao Carter, Michael R

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Carter, Michael R
Land use - China.; Right of property - China.; Agricultural productivity - China.
In China, where collectives own farmland but farmers may hold "use rights" to the land, a case can be made for a property rights system with incomplete security of tenure but with strong transfer rights, which permit "specialization without regret"-- so farmers can recoup the value of an investment even if they exit farming.
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