Land Transfer Incentive and Welfare Effect Research from Perspective of Institutional Transition
Read
DownLoad |
| Title | Land Transfer Incentive and Welfare Effect Research from Perspective of Institutional Transition
|
| Author | Chen Fei and Zhai Weijuan |
| Organization | School of Mathematics & Quantitative Economics, Center for Econometric Analysis and Forecasting, Dongbei University of Finance and Economics |
| Email | cfei2000@163.com；zhaiweiquan88@163.com |
| Key Words | Land Transfer; Institutional Transition; Welfare Effect; Propensity Score Matching |
| Abstract | Based on the theory of institutional transition, this paper constructs a microstructure model of land transfer incentive explanation, and uses Propensity Score Matching(PSM) method and rural households data from China Family Panel Sutdies(CFPS) to analyze farmers’ decision behavior for land transition and measure welfare effect. The result implies that rented into or out of land is beneficial to raise farmers’ income and reduce poverty rate. Land values, agricultural subsidy and agriculture-related loans have an significant positive effect on farmers’ decision of rented into land, Urban wages and job opportunities are major cause that households rent out of land and take up non-agricultural activities. Besides, this research on farmers’ income growth mechanism under the different production behavior show that agricultural subsidy and educational level are conducive to increase rural households income (especially low-income family), and it is stronger effect for farmers who rent out of land; land rent is an important part for farmers’ income, low-income family lease their land to take up non-agricultural activities that can reduce poverty effectively; farmland area of family that rented into land have not yet met requirements of agrucultural production scale, rural labor migration are beneficial to increase farmers’ income, and play an important role in demographic dividend of our country. |
| Serial Number | WP813 |
| Time | 2015-02-03 |
|