@article{Li:188219,
      recid = {188219},
      author = {Li, Hongjuan},
      title = {Analysis on Capitalization of Rural Land Ownership in  China by Law and Economics},
      journal = {Asian Agricultural Research},
      address = {2014-09},
      number = {1812-2016-144112},
      pages = {3},
      year = {2014},
      abstract = {To find solutions for legal system for capitalization of  rural land ownership in China, this paper studied and  analyzed existing problems in rural land system and legal  environment using legal theory and transaction cost theory.  Results indicated that (i) the restriction of institutional  condition upon property right and transaction is more  essential, and key points include the relationship of  entities of right formed jointly by the state, collective  and farmers, accurate positioning of property right  structure, and security for land appreciation income right  and allocation mechanism; (ii) the land property right  structure should select a legal structure with minimum  transaction cost. It is concluded that entitling the  ownership to a single entity is an economical method to  eliminate current conflict of rural land right.},
      url = {http://ageconsearch.umn.edu/record/188219},
      doi = {https://doi.org/10.22004/ag.econ.188219},
}