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Land titling, land reallocation experience, and investment incentives: Evidence from rural China
عنوان بندی اراضی ، تجربه توزیع مجدد زمین و مشوق های سرمایه گذاری: شواهدی از روستای چین-2020 The impacts of land titling on investment incentives among farmers with different land reallocation experiences
are studied in this work. Ordered Probit model and 2SLS are employed to estimate the survey data collected from
2704 households in rural countries in China. We find that, generally, land titling can substantially promote
investment incentive among farmers. However, the impacts vary among farmers with different land reallocation
experiences. Specifically, land titling positively affects farmers without land reallocation experience, but it negatively
affects those farmers who experienced big reallocation. Land titling has an investment incentive effect
on China’s special agricultural land system, where farmers only have contract rights of land. However, big
reallocation should be heavily restricted to guarantee the investment incentive effect of land titling. Keywords: Land titling | Land rights reallocation | Investment incentive | China |
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