Housing reform in urban china - efficiency, distribution and the implications for social-security

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)

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):