Time：4:00pm - 5:30pm, Nov 8, 2019
Venue：Room 359S, Overseas Exchange Center, Peking University
Speaker：Prof. Xiaohuan Lan
Better institutions do not always advance technologies. China’s rural reforms during the early 1980s secured land tenure for peasants and dismantled large collective farms into small household farms, which transformed tillage technology. Using a novel data set of 1, 755 counties from 1976 to 1988, our event study exploits the county-by-county rollout of the reform. We find that the use of tractors plummeted after the reform while the use of draft animals surged. Post-reform tractor use. however, became more efficient it was more suitable to local factor endowments and related to higher grain yields.
Prof. Xiaohuan Lan is an Associate Professor at School of Economics, Fudan University, and received his Ph.D. degree in Economics from University of Virginia. He is the Research Fellow at the Research Institute of Chinese Economy, Fudan University and also serves at Shanghai Institute of International Finance and Economics. He was once the Director of Strategy & Research of Yangtze River Industry Fund. His research inetersts include Economic Development, Political Economy and Economic History of China.