Secure Land Rights Boost Rural Incomes by 30% in China
The study looked at how a law in China about land rights affected economic development. They used data from 800 villages to see if the law helped protect land from being taken without fair compensation. They found that in villages where leaders were elected democratically, the law had a positive impact, increasing land values by 30%. This shows that having good governance along with legal reform can make a difference in protecting property rights.