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.

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