Font Size: a A A

The Property Rights Explanation Of Chinese Farmers' Income Problem

Posted on:2003-10-16Degree:MasterType:Thesis
Country:ChinaCandidate:H NieFull Text:PDF
GTID:2156360062486363Subject:Political economy
Abstract/Summary:PDF Full Text Request
The so-called "dual economy" structure where traditional and backward agricultural economy coexists with modern industrial economy can be easily formed when urbanization and industrialization are pursued by a developing country. For a long term, it has been said that farmers' income is only a number that the government policy can regulate and manage effectively. But, in practice, farmers' income increase has no essential guarantee though the government lists it as one of the first policies. Therefore, faced with the serious "San Nong" problems after China's entry for WTO and the predicament that farmers' poor purchasing power put the whole economy into, scholars who fix their eyes on China rural reality in the circle of economics can not avoid and ignore the huge program of analyzing and explaining farmers' income problem and working out measures to solve it fundamentally.In essence, analyzing contemporary problems is restricted to the constraint of institutional transformation of property rights(from highly-concentrated plan system to new socialist market system). Under this realistic background, Chinese farmers' income issue appears sharp "Chinese characteristic". Accordingly, the key to inspecting it lies in the property rights constraint which has great effect on farmers' income and is also research range of this paper. On basis of it, this paper chooses property rights and transaction cost theory as proof argument. Although this theory originates from western developed countries, it can be a key to understanding China' reform(N.Cheung, 2001). During the process of Chinese system reform, the earliest property rights reform was the Family Contract Responsibility System in countryside. However, the delineation of farmers' property rights has not achieved further improvement until now. On the surface, this seems to have little relation with the condition of farmers' low income, but the conclusion of this paper is that the delineation of property rights is the decisive factor that affects farmers' income.This paper first sett forth the liquidity characteristic of income, the relation between income and wealth, the relation between income and asset, the basic economic meaning of income. Then this paper shows the meaning of property rights and their rules, compares different property right institutions' characteristics, and discusses the roles that property rights institution plajtf hi the market transaction(Coase Theorem) without which income can not be realized. The second section of this paper lists and analyzes some representative property rightsdelineation events, such as grain price regulation, rural land requisition, asset contract, law defect, farmers' burdens, in order to testify the theoretical proposition from the practical angle. The last section of this paper first puts forward questions on some popular viewpoints(theory putting the production efficiency the first, theory of urbanization, theory of market malfunction) about farmers' income situation, then briefly points out certain measures and suggestions of increasing farmers' income level in China.
Keywords/Search Tags:farmers' income, property rights institution, property rights delineation, market transaction
PDF Full Text Request
Related items