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

Pudney, Stephen, Wang, Limin (1995) Housing reform in urban china - efficiency, distribution and the implications for social-security. Economica, 62 (246). pp. 141-159. ISSN 0013-0427. (doi:10.2307/2554900) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:19462)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
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
DOI/Identification number: 10.2307/2554900
Subjects: H Social Sciences > HB Economic Theory
Divisions: Divisions > Division of Human and Social Sciences > School of Economics
Depositing User: O.O. Odanye
Date Deposited: 27 May 2009 13:54 UTC
Last Modified: 16 Nov 2021 09:57 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/19462 (The current URI for this page, for reference purposes)

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