The impact of land reallocation on technical efficiency: evidence from China
基于浙江、湖北、云南三省1995-2002年农户面板数据，用随机前沿生产函数分析土地行政调整对技术效率的影响，发现土地租赁市场可替代行政调整优化资源配置，且影响因省份制度环境而异。
Abstract China's rural reforms expose farm households to an increased risk of administrative land reallocation and adjustment. This study explores the impact of land reallocation on technical efficiency, based on a panel data set from rural households in Zhejiang, Hubei, and Yunnan provinces between 1995 and 2002. Our research indicates that the development of a land rental market could serve as a substitute for administrative land reallocation in optimizing the distribution of land resources. The results from the stochastic frontier production function show that land reallocation does have effects on technical efficiency. The different signs for different provinces indicate that the impact of land reallocation on technical efficiency is an empirical issue and depends on the specific institutional settings and the overall economic environment in each province.