Abstract

This article examines the transformation of property rights over fishery resources in Longlake, China, where a gradual evolutionary process from a common property regime to a state property regime occurred between the late 1970s and the late 1980s. It explores the active role played by economic actors as well as the underlying economic, political, and sociocultural forces in transforming both formal and informal property rules. Stressing the different ways formal and informal property rules change, this article contributes to our understanding of property rights transformation and institutional change in general.