Abstract:Based on detailed household survey of apple farmers in Shandong and Shaanxi, this article used a binary logistic regression model to examine the impact of asset specificity on farmers’ intergenerational succession arrangements of apple orchard. The results showed that the farmers’ intergenerational willingness of younger generation to succeed them is generally weak. The specificity of human capital, physical assets, land assets and geographic location significantly impacted on farmers’ intergenerational succes… Show more
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