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Volume 68, Issue 2
1 November 2008
Agricultural Finance Review Cover Image for Volume 68, Issue 2
Editors
Valentina Hartarska;
Valentina Hartarska
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Denis Nadolnyak
Denis Nadolnyak
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Review Article| November 01 2008

Economic value of tradable farmland use rights and mortgage loans in China Available to Purchase

H. Holly Wang
H. Holly Wang
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Author & Article Information
Publisher: Emerald Publishing
Online ISSN: 2041-6326
Print ISSN: 0002-1466
© Emerald Group Publishing Limited
2008
Agricultural Finance Review (2008) 68 (2): 289–300.
https://doi.org/10.1108/00214660880001231

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:
Asymmetric information, Land use rights, Mortgage loan, Risk, Welfare
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© Emerald Group Publishing Limited
2008
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