Behavioral Economic Analysis of Institutional Changes

Lessons learned from China's Land System Reforms
1. Auflage 2025
ISBN: 978-1-032-86736-6
Verlag: Taylor & Francis Ltd

Buch, Englisch, 234 Seiten, Format (B × H): 156 mm x 234 mm

Reihe: Routledge Studies in International Real Estate

This book focuses on the transformation of the rural land system in China since the founding of the People's Republic of China over 70 years ago. Utilizing a comprehensive approach that includes theoretical modeling, empirical testing, questionnaire surveys, and case studies, the book aims to construct a unified analytical framework for dynamic institutional change that is based on New Institutional Economics (NIE) and incorporates recent advancements in behavioral economics. The authors construct a dynamic institutional change model based on the institutional change theory of NIE and the Prospect Theory (PT) of behavioral economics. The book summarizes and discusses the application and prospects of the behavioral institutional analysis method by using large-scale national rural household surveys and rich case studies of land system reforms such as the Household Responsibility System (HRS) reform, the "land certification" reform, and the "three trials" reform to test the theoretical model.

This book will be essential reading for academics, researchers, and students of land reform in China, and economists with an interest in new institutional economics, behavioral economics, land economics and the Chinese economy more broadly.

Zielgruppe

Academic, Postgraduate, and Undergraduate Advanced

Autoren/Hrsg.

Bao, Helen

Feng, Lei

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Sozialwissenschaften Soziologie | Soziale Arbeit Spezielle Soziologie Agrarsoziologie
• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Immobilienwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte

Inhaltsverzeichnis

Chapter 1: Introduction, Chapter 2: New Institutional Economics and Behavioural Economics, Chapter 3: A Theoretical Framework for China’s Rural Land Institutional Reform, Chapter 4: Seventy Years of China's Rural Land Institutional Reforms, Chapter 5: Government Behaviour in Land Use Right Reform I - Household Responsibility System Reform, Chapter 6: Government Behaviour in Land Use Right Reform II - No Land Reallocation Reform, Chapter 7: Farmers’ Attitudes and Expectations: No Land Reallocation Reforms, Chapter 8: Farmers’ Behaviour in Land Use Right Reform: Decision Biases in Land Transfer Pricing, Chapter 9: Farmers and Governments in Land Use Right Reform: The Role of Social Capital, Chapter 10: Land Transfer Right Reform I: Balancing Efficiency and Equity, Chapter 11: Land Transfer Right Reform II: The Three Pilots Reform, Chapter 12: Conclusions

Über Autor(innen)

Helen X. H. Bao is a Professor in the Department of Land Economy, University of Cambridge, UK.

Lei Feng is a Professor in the Land Management Department at Renmin University of China.