Specialization without regret : transfer rights, agricultural productivity, and investment in an industrializing economy / Michael R. Carter and Yang Yao.
出版資料
Washington, DC : World Bank, Development Research Group, Rural Development, [1999]
Summary: In China, where collectives own farmland but farmers may hold "use rights" to the land, a case can be made for a property rights system with incomplete security oftenure but with strong transfer rights, which permit "specialization without regret"-- so farmers can recoup the value of an investment even if they exit farming.
