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Volume 55 Issue 1
May 2023
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Citation: Qi CHEN. The Institutional Pendulum and Its Evolutionary Mechanism[J]. Academic Monthly, 2023, 55(1): 110-126. shu

The Institutional Pendulum and Its Evolutionary Mechanism

  • The autonomy of land development and the right of income distribution are the focus of the rural land income distribution system in the context of urbanization. The system has experienced a trajectory from empowerment of farmers to power limitation and then to empowerment. The mutual configuration of the stock mechanism and the incremental mechanism in the gradual reform has shaped the pendulum phenomenon. The stock mechanism is the public ownership of land and the dual property right structure of urban and rural areas. Incremental mechanism is the state’s empowerment of local governments and farmers. The state uses incremental reform to solve the efficiency problem of the stock system, triggering the game between the state-owned land right and the collective land right stakeholders, thus prompting the state to adjust the income distribution mode between the state and farmers in the stock system. At present, it is difficult for the land system reform to bypass the restriction of the power limitation system and fully realize the goal of empowering the people. This stems from the path dependence of incomplete development of social property rights and highly embedded state power in the land market. Therefore, the development of farmland income distribution system does not depend on the compatibility of state-owned and private schemes, but on how to overcome the reconstruction problem of social property rights under the power embedding.
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    1. [1]

      Qi CHENHongliang YAN . The Mechanism Cutting Land Property Rights in Space and Time: How the Agricultural Land System Reform Restricted by the System Path Dependence. Academic Monthly, 2021, 53(3): 133-145.

    2. [2]

      Shiye TIANPing LI . Changes of Rural Land Property Rights System in China from the Perspective of Development. Academic Monthly, 2021, 53(12): 74-84.

    3. [3]

      ZHOU Pan . From Identity to Contract: Community Dilemma in the Reform of Collective Property Rights System. Academic Monthly, 2023, 55(11): 123-135.

    4. [4]

      Pengcheng ZHENG . From the Taxes System to Market Mechanism: The Transformation of Mountain Land Property Rights in Yongfu County in Ming-Qing Period. Academic Monthly, 2023, 55(3): 187-196.

    5. [5]

      SHEN Kunrong . Data Foundation System Construction: Realistic Challenges and Path Selection. Academic Monthly, 2024, 56(1): 60-69.

    6. [6]

      Baifeng CHEN . The Choice of Mode of Rural Land System in Concerning with Water Supply. Academic Monthly, 2020, 52(5): 113-125.

    7. [7]

      . . Academic Monthly, 2016, 48(11): 108-117.

    8. [8]

      Xueyang CHENG . Rebuilding Land Property Rights: The Basic Experience and Direction of Land System Reform in China. Academic Monthly, 2020, 52(4): 98-108.

    9. [9]

      Wei MAO . Economic Performance of Institutional Change. Academic Monthly, 2020, 52(5): 62-71.

    10. [10]

      . . Academic Monthly, 2017, 49(06): 131-147.

    11. [11]

      . . Academic Monthly, 2016, 48(09): 49-58.

    12. [12]

      . . Academic Monthly, 2017, 49(06): 99-110.

    13. [13]

      . . Academic Monthly, 2017, 49(12): 5-12.

    14. [14]

      Yongpeng FAN . The Origin and Essence of American System: From Corporation to State. Academic Monthly, 2020, 52(10): 62-76.

    15. [15]

      . . Academic Monthly, 2016, 48(07): 60-65.

    16. [16]

      . . Academic Monthly, 2016, 48(12): 102-110.

    17. [17]

      . . Academic Monthly, 2017, 49(04): 60-72.

    18. [18]

      Fenglin ZHANG . Rethinking over Marx’s Institutional Economics Thoughts. Academic Monthly, 2021, 53(2): 50-64.

    19. [19]

      Shao’an HUANGWei WANGCaiquan BAI . Informal Institutions and North-South Economic Gap in China. Academic Monthly, 2023, 55(3): 45-57.

    20. [20]

      XIONG Bingwan . The System of Basic Legal Regimes for Data Market. Academic Monthly, 2024, 56(1): 102-114.

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        The Institutional Pendulum and Its Evolutionary Mechanism

        Abstract: The autonomy of land development and the right of income distribution are the focus of the rural land income distribution system in the context of urbanization. The system has experienced a trajectory from empowerment of farmers to power limitation and then to empowerment. The mutual configuration of the stock mechanism and the incremental mechanism in the gradual reform has shaped the pendulum phenomenon. The stock mechanism is the public ownership of land and the dual property right structure of urban and rural areas. Incremental mechanism is the state’s empowerment of local governments and farmers. The state uses incremental reform to solve the efficiency problem of the stock system, triggering the game between the state-owned land right and the collective land right stakeholders, thus prompting the state to adjust the income distribution mode between the state and farmers in the stock system. At present, it is difficult for the land system reform to bypass the restriction of the power limitation system and fully realize the goal of empowering the people. This stems from the path dependence of incomplete development of social property rights and highly embedded state power in the land market. Therefore, the development of farmland income distribution system does not depend on the compatibility of state-owned and private schemes, but on how to overcome the reconstruction problem of social property rights under the power embedding.

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