Rental markets for cultivated land and agricultural investments in China
文献类型：SCI/SSCI论文
| 作者 | Gao L. L. ; Huang J. K. ; Rozelle S. |
| 发表日期 | 2012 |
| 关键词 | Cultivated land rental markets Organic manure Investment Contracting period Q15 Q18 P14 rural china rights incentives transition impacts tenure models |
| 英文摘要 | The purpose of this paper is to empirically track the progress and consequences of the emergence of cultivated land markets in China since 2000. We draw on a set of nationwide, household-level panel data (for 2000 and 2008) and find that the markets for cultivated land rental have emerged robustly. According to our data, 19 of China's cultivated land was rented in farm operators in 2008. We also find that the nature of China's cultivated land rental contracts has become more formal and lengthened the period of time that the tenant is able to cultivate the rented-in plots. While there may be benefits for lessors and tenants, our data show that there are falling rates of investment in organic manure. The farmers in our sample have reduced organic manure use from 13 tons/ha in 2000 to 5 tons/ha in 2008. Part of this fall is due to the rise of cultivated land rental markets. The analysis, however, does not find that improved property rights in cultivated land rental affect investment largely because property rights have largely been established by 2000, the first year of our sample. Our results, however, also show that there are forces that appear to be mitigating the negative consequences of rising cultivated land rental. After holding constant initial rental rates and other factors, we find that the gap between investment in organic manure in own land and rented-in land is narrowing. One interpretation of our findings is that if policymakers can find ways to even further strengthen the rights of lessors and tenants as well as lengthen contract periods, farmerseven those that rentwill invest more in their land, because they will be able to capture the returns to their investments. |
| 出处 | Agricultural Economics |
| 卷 | 43 |
| 期 | 4 |
| 页 | 391-403 |
| 收录类别 | SCI |
| 语种 | 英语 |
| ISSN号 | 0169-5150 |
| 源URL | [http://ir.igsnrr.ac.cn/handle/311030/30874]  |
| 专题 | 地理科学与资源研究所_历年回溯文献 |
| 推荐引用方式 GB/T 7714 | Gao L. L.,Huang J. K.,Rozelle S.. Rental markets for cultivated land and agricultural investments in China. 2012. |
入库方式： OAI收割
来源：地理科学与资源研究所
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