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12月26日,杨子砚(厦门大学经济学院与邹至庄经济研究中心)
发布时间:2019-12-23   发布人:zs   点击数:19348

报告人: 杨子砚,厦门大学经济学院与邹至庄经济研究中心

时间:2019年12月26日(周四)下午1:30-3:00

地点:博学楼1222

报告题目: Contract Design in China's Rural Land Rental Market: Contractual Flexibility and Rental Payment

摘要:I study bargaining over contract arrangements—-contractual flexibility and rental payments—-that profoundly affects the ex-post surplus of China's rural land rentals in the context of urban—rural separation. My theory suggests which equations should be estimated to test bargaining over multiple contractual terms. My theoretically justified empirical structure differs from conventional models and helps to explain seemingly inconsistent empirical results reported in the literature. Applying transactional data that fully represent the distribution characteristics of rental attributes, I draw two conclusions while also supporting my characterization of the bargaining mechanism. First, compared with renting-in partners, renting-out agents respond more strongly to non-agricultural employment uncertainty induced by urban—rural separation, which increases contractual flexibility. Second, social proximity helps non-stranger entrepreneurs obtain low-flexibility contracts without fully compensating renting-out agents, suggesting that urban—rural separation erects a social barrier to strangers that village trust lowers because social proximity and contractual flexibility are substitutes only in low-trusting environments.

报告人简介:杨子砚,厦门大学经济学院与邹至庄经济研究中心双聘助理教授。博士毕业于美国马里兰大学。目前研究方向为制度经济学在农业发展、新媒体经济及中国经济史方面的应用。

报告人个人主页:http://economic.xmu.edu.cn/faculty/faculty/b2d196ab-b709-45c6-9fd2-8de9c1dce3a2.html

 

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