Clear Property Rights, Thriving Industries:Can the Reform of Rural Collective Property Rights Systems Attract Investment From Listed Companies Outside the County?
Using a staggered difference-in-differences model on panel data from 2045 Chinese counties (2011–2022), this study demonstrates that the reform of rural collective property rights systems significantly boosts investment by listed companies through population agglomeration and industrial clustering, with effects being most pronounced in eastern and non-priority rural revitalization counties.