CWE | 仇童伟 罗必良 何勤英：熟人之间的地租是否偏离参考点？——来自中国农村的证据【转】

摘要简单翻译：

本文从理论和经验上研究了熟人网络是否会影响Hart和Moore提出的参考点与地租的偏离。地租的方差系数和范围用于表示与参考点的偏离程度。根据2015年《中国家庭金融调查》的村级数据，估计结果表明，熟人之间的土地租金更可能导致与参考点的较大偏差。尽管租赁交易是由熟人进行的，但与参考价格的较大偏差也可能伴随着较长的交易时间。使用家庭水平数据进行的分析进一步支持了我们的发现。我们的分析表明，嵌入在中国农村熟人网络中的土地租赁市场正处于过渡时期，具有关系导向和市场导向的特征。

Abstract 

This paper theoretically and empirically investigates whether acquaintance networks influence the deviation of land rents from the reference point advanced by Hart and Moore. The coefficient of variance and the range of land rents are used to represent the degree of deviation from the reference point. Based on the village‐level data from the China Household Finance Survey in 2015, the estimated results indicate that land rents among acquaintances are more likely to result in large deviations from the reference point. Although rental transactions are conducted by acquaintances, large deviations from the reference are also likely to be accompanied by longer time to close deals. The analysis using household‐level data further supports our findings. Our analysis indicates that land rental markets embedded in the acquaintance networks of rural China are in a transition period and have the characteristics of both relational orientation and market orientation.

https://doi.org/10.1111/cwe.12294

——END

相关阅读：