propose a legal theory of economic growth that details how effective property, contract, and business laws help to unite … capital and ideas. They also demonstrate why ineffective private and business laws are the root cause of the poverty of …

directly to cultivators or non-landlords. Although Banerjee and Iyer (2005) find that agricultural productivity of non …

directly to cultivators or non-landlords. Although Banerjee and Iyer (2005) find that agricultural productivity of non …

This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In … firms from establishing in large cities where they can benefit from agglomeration forces and access to higher productivity …. Our framework incorporating land market distortions also helps clarify the mystery of China's undersized cities, a …

the decrease in land price under the perfect market on the average land productivity is negative. By using the China ….4% and 1.4%, respectively, implying that agricultural land marketization in China improves the average land productivity by …The marketization of agricultural land affects the average land productivity not only through improving land allocation …

This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In … firms from establishing in large cities where they can benefit from agglomeration forces and access to higher productivity …. Our framework incorporating land market distortions also helps clarify the mystery of China’s undersized cities, a …

This study investigates the impact of the land rental market (LRM) on labor productivity in rural China. Particular … attention is given to farm and non-farm labor productivity. Using 2012 household-level data and a multinomial endogenous … switching treatment regression (MESTR) technique, we find that rural households renting-in farmland increased labor productivity …