The Power of Securing Property Rights: Evidence from China’s Land Titling Policy
研究中国土地确权政策对农村土地流转、劳动力配置和农业生产成本的影响，发现确权使土地流转概率提高约6.36个百分点，降低单位农产品成本约8.11%。
We develop a theoretical model to study the effect of the land titling program on land transfer, labor allocation, and agricultural production costs in rural China. To conduct empirical analysis, we employ the difference-in-differences and difference-in-difference-in-differences models and use nationally representative household survey data collected in 2013, 2015, and 2017. Results show that land titling significantly increases the probability of land transfer by approximately 6.36 percentage points. Land titling shifts rural laborers out of the agriculture sector and increases the migrant ratio in rural households. Finally, land titling decreases the per unit cost of agricultural products by about 8.11%.