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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front Econ Chin    2009, Vol. 4 Issue (2) : 250-264    https://doi.org/10.1007/s11459-009-0014-3
research-article |
The nature of land property rights and contract options in institutional changes: A case study of cooperation economy
CUI Baomin(), DENG Hongtu()
School of Economics, Nankai University, Tianjin 300071, China
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Abstract

This paper discusses an evolutionary process of rural collective property rights or agricultural cooperation economy in detail. We convince that both the evolution of the household contract system and the rural cooperation economy in the market elaborate the key position of property rights’ multi-attribute in the formation of contract structure and organization shape. If there were strong externality between several elements of household, the collective property rights should be chosen.

Keywords cooperative economy      nature of land property rights      contract choice      collective property rights and its attribute      principle of efficiency supreme     
Corresponding Authors: CUI Baomin,Email:cuibaomin1982@163.com; DENG Hongtu,Email:hongtudeng@126.com   
Issue Date: 05 June 2009
 Cite this article:   
CUI Baomin,DENG Hongtu. The nature of land property rights and contract options in institutional changes: A case study of cooperation economy[J]. Front Econ Chin, 2009, 4(2): 250-264.
 URL:  
http://academic.hep.com.cn/fec/EN/10.1007/s11459-009-0014-3
http://academic.hep.com.cn/fec/EN/Y2009/V4/I2/250
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