The impact of property rights on households' investment, risk coping, and policy preferences: Evidence from China

Section II provides a background on Chinese land tenure, the literature, and the characteristics of the land-tenure experiment conducted in Guizhou. Section III describes the sample and, as a first approximation to measurement of the impact of different land policies, compares descriptive statistics across the three provinces included in the survey. Section IV provides more rigorous econometric evidence with respect to each of the questions under concern. Section V draws out implications for further research as well as policy conclusions for China by relating the results to recent changes in Chinese land policy.