Economic value of tradable farmland use rights and mortgage loans in China
Abstract
This paper first discusses the possibility of market‐transferable land use rights and mortgage loans in China, and then shows farmers’ welfare gain in the presence of such mortgage loans with a theoretical model. Cases of risks and asymmetric information are studied, and policy implications are drawn.
Keywords
Citation
Holly Wang, H. (2008), "Economic value of tradable farmland use rights and mortgage loans in China", Agricultural Finance Review, Vol. 68 No. 2, pp. 289-300. https://doi.org/10.1108/00214660880001231
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited