Pudney, S. and Wang, L.M (1995) Housing reform in urban china - efficiency, distribution and the implications for social-security. Economica, 62 (246). pp. 141-159. ISSN 0013-0427.
| The full text of this publication is not available from this repository. (Contact us about this Publication) | |
| Official URL http://dx.doi.org/10.2307/2554900 |
Abstract
We investigate the distribution of a measure of housing consumption among public tenants in cities of two Chinese provinces, using household survey data. We find the resulting distribution roughly consistent with the outcome of a market rental system, for fixed supply and CES preferences. There is surprisingly little evidence of allocative inefficiency in the present bureaucratic allocation system. We estimate the possible effects of market-oriented housing reform. Under alternative assumptions about the system of cash transfers used to compensate for a move to market rents, we investigate the distributional impact of reform and the likely need for supplementary cash benefits for low-income households.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculties > Social Sciences > School of Economics |
| Depositing User: | O.O. Odanye |
| Date Deposited: | 27 May 2009 13:54 |
| Last Modified: | 04 Jun 2009 01:45 |
| Resource URI: | http://kar.kent.ac.uk/id/eprint/19462 (The current URI for this page, for reference purposes) |
- Depositors only (login required):
