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Keywords: Welfare
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Journal Articles
Journal Articles
Agricultural Finance Review (2008) 68 (2): 289–300.
Published: 01 November 2008
...H. Holly Wang 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...

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