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. (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)
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.
|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)|