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The nature of land property rights and contract options in institutional changes: A case study of cooperation economy

Author

Listed:
  • CUI Baomin

    (School of Economics, Nankai University, Tianjin 300071, China)

  • DENG Hongtu

    (School of Economics, Nankai University, Tianjin 300071, China)

Abstract

This paper discusses an evolutionary process of rural collective property rights or agricultural cooperation economy in detail. We convince that both the evolution of the household contract system and the rural cooperation economy in the market elaborate the key position of property rights¡¯ multi-attribute in the formation of contract structure and organization shape. If there were strong externality between several elements of household, the collective property rights should be chosen.

Suggested Citation

  • CUI Baomin & DENG Hongtu, 2009. "The nature of land property rights and contract options in institutional changes: A case study of cooperation economy," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 4(2), pages 250-264, June.
    • Handle: RePEc:fec:journl:v:4:y:2009:i:2:p:250-264
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    File URL: http://journal.hep.com.cn/fec/EN/10.1007/s11459-009-0014-3
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    More about this item

    Keywords

    cooperative economy; nature of land property rights; contract choice; collective property rights and its attribute; principle of efficiency supreme;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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