An empirical study of land rental development in rural Gansu, China: The role of agricultural cooperatives and transaction costs

An empirical study of land rental development in rural Gansu, China: The role of agricultural cooperatives and transaction costs
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DOI:
10.1016/j.landusepol.2021.105621
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发表时间:
2021-10
期刊:
影响因子:
7.1
通讯作者:
Xinyi Li;J. Ito
Xinyi Li;J. Ito
中科院分区:
法学1区
文献类型:
--
作者:
Xinyi Li;J. Ito

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近年来,中国的土地租金比率大幅上升,2017年全国平均水平达到37%。大量的文献分析了这一运动背后的驱动力;然而,仍然有很多关于中国农村土地租赁市场的研究。本文以2010年代初全国土地批租率最低的甘肃省为研究对象,分析了影响甘肃省土地流转的因素。我们的文献的贡献是提供经验的见解,促进和阻碍土地租赁市场的发展的因素。为此,我们使用甘肃省86个县的面板数据,估计了土地租金率方程。识别策略是基于固定效应模型的工具变量估计方法的应用。我们从分析中得出以下结论。第一,农业合作社对农地租赁的发展具有积极影响,说明农户非农生产者是农地交换需求方的主要贡献者。第二,交易成本对土地交换有不利的影响,这一点得到了本研究理论和文献实证结果的支持。因此,公共组织和/或农村集体在减少出租人和承租人之间的土地使用纠纷所产生的交易成本方面发挥着至关重要的作用。
The land rental ratio in China has increased significantly over recent years, with the national average reaching 37% in 2017. A significant body of literature has analyzed the driving force behind this movement; however, there still remains much to be learned about the land rental markets in rural China. This paper analyzes the factors that influence the land exchange in Gansu province whose land rental ratio was among the lowest in China at the start of the 2010s. Our contribution to the literature is to provide empirical insights into the factors that promote and impede the development of land rental markets. To this end, we estimate the land rental ratio equation using a panel dataset of 86 counties in Gansu province. The identification strategy is an application of the instrumental variable estimation method based on a fixed effects model. We draw the following conclusions from the analysis. First, agricultural cooperatives have a positive impact on the land rental development, suggesting that non-farm household producers are the major contributors to the demand side of farmland exchange. Second, transaction costs have a detrimental effect on land exchange, as theoretically supported by this study as well as empirical finding in the literature. Accordingly, the public organizations and/or rural collective play a vital role in reducing the transaction costs arising from land use disputes among lessors and lessees.