The Research On Efficiency And Justice Land System Reform Of China

There are mainly three parts of current land system, the state-owned land system in cities, the household contract responsibility system which characterizes the collective ownership and peasants only have rights of use and the transferring use from farm land to construction land. The Chinese government has a full control on the provision of land and the peasants which has very limited and unjust compensation when their lands are expropriated by the government. The current land system has neither equity nor efficiency, and there must be a deep institutional change for this system.Many economic methods such as mathematic models, econometrics, cases are used for this research. The conclusions from my analysis are as follows.l.The current land system leads the economy relying on fixed-asset investment too much and it is not sustainable in the long term.2.The current land system has caused many problems for our country, and it has no efficiency and equity and it needs to be reformed.3.The use and replenishing balance system and the linked urban and rural construction land system are wise amendment of the rigid current land system; these two methods permit the exchange of land location without harming the farm land. But the analysis in this dissertation shows that the two methods should be relaxed to achieve higher efficiency and have a better use of the differential rent rule.4.To break government monopoly of land supply situation, and to allow the collective construction land directly goes into the market is the direction of land system reform in the future. Fifth, using land as an instrument for macro-control is a new proposition in China. The analysis in this dissertation shows that the new policy is based on the assumption that the current land system is reasonable and shouldn't be changed, which contradicts the reality and the reform directions proposed by the local government and the CPC's future land policy.Some contributions of this article are:(1) Using economic growth theory, property rights theory, fiscal decentralization theory, permit trading theory, and game theory for this analysis, thus provide systematic theoretical thinking for the land reform issue;(2) Many new cases taken place in these years are incorporated for this research, thus make up for some holes for existing literature;(3) The research gives new theoretical and empirical insight about the new land policy, that is, using land for macro-economic control.