Traditionally, rental transactions between acquaintances have been regarded as informal, and associated with low rents. This view implies market segmentation and the malfunctioning of prices. Our study uses household-level data from the China Household Finance Survey (CHFS) in 2015 to assess the...

Using household-level data collected from three provinces in China, this paper investigates the links between land rentals conducted by acquaintances and land fragmentation. The econometric results indicate that the land rentals between acquaintances and those between non-acquaintances have...

Land development for non-agricultural uses in China's peri-urban areas has been driven by the rapid urbanization which makes the areas an intense mixture of both urban and rural activities. Taking of land rent differentials derived from land use change also makes up a strong driving force for...