Equity, efficiency and farmland system in China

Abstract

Equity and efficiency are often in contradictory, but sometimes can have both The evolution of institutional arrangements of farmland in the People's Republic China (the PRC) in 60 years also confirmed this theory. Land reform and the household responsibility system of farmland make farmers to obtain land use right equally, it is also realized the tremendous increase in agricultural productivity. Policy goals of equity and efficiency are in synchronization. In the period of agricultural co-operation, farmers do not have property right of farmland, this achieve near-absolute equity. Because of the loss of farmland ownership, farmers lose the enthusiasm for production Agricultural productivity is badly lowed In the pursuit of equity efficiency lost Because of the dual economic structure and level of economic development, the goal of China's farmland policy which is giving priority to equity with the consideration to efficiency, will remain a long time in the future.