This paper considers two land tenure modes. leasehold and freehold. and models housing maintenance incentives under land tenure security in Japan. Compared with freeholders, leaseholders are equally likely to remain in the premises, but spend less on home maintenance, because leaseholders are not full residual claimants, even under land tenure security. The empirical results show that maintenance expenditures of leaseholders are about 30% lower than those of freeholders in the Japanese residential land market.
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Library ResourceRapports et recherchesaoût, 2014Japon
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Library ResourceRapports et recherchesjanvier, 2015Chine, Fédération de Russie, États-Unis d'Amérique
China’s traditional urban land system is established in highly centralized planned economy. This system negates functions of value law and economic law fundamentally, so it is not favorable for establishment of market mechanism and development of market economy. This study took Marx’s ground rent theory as guidance, combined existing problems of China’s land use system, and made analysis on innovation of China’s urban land system from property right system, land market and land price.
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Library ResourceRapports et recherchesjanvier, 2014Australie, Chine, Fédération de Russie, États-Unis d'Amérique
China, a country developing at unprecedented levels, has experienced drastic changes throughout its recent economic history. Of primary interest is the continuing development and improvement of the rural agricultural sector, with even the slightest changes in this sector having dramatic ripple effects on rural economies. Estimates of rural households involved in agricultural production range from 65 to 70 percent (de Brauw & Rozelle, 2008; Rozelle, Taylor, & de Brauw, 1999).
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