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

Pudney, Stephen and 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. (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)

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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: 11 Jun 2014 09:45
Resource URI: https://kar.kent.ac.uk/id/eprint/19462 (The current URI for this page, for reference purposes)
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