Agricultural land marketization and productivity: evidence from China

Autor:	Wanjun Yao, Chunan Wang
Jazyk:	angličtina
Rok vydání:	2022
Předmět:	agricultural land marketization land productivity inverse relationship china Economic growth development planning HD72-88 Economic history and conditions HC10-1085
Zdroj:	Journal of Applied Economics, Vol 25, Iss 1, Pp 22-36 (2022)
Druh dokumentu:	article
ISSN:	1514-0326 1667-6726 15140326
DOI:	10.1080/15140326.2021.1997045
Popis:	The marketization of agricultural land affects the average land productivity not only through improving land allocation efficiency but also through reducing land price under the perfect market. The effect of the improvement of land allocation efficiency on the average land productivity is positive. However, when the agricultural land market is imperfect, the effect of the decrease in land price under the perfect market on the average land productivity is negative. By using the China Health and Nutrition Survey (CHNS) database and the empirical framework for the inverse relationship between farm size and land productivity, this paper empirically finds that these two channels improve and reduce average land productivity by 34.4% and 1.4%, respectively, implying that agricultural land marketization in China improves the average land productivity by 32.9%.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/a0be370e4a284c62ba6278940e34c01f Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
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