Subjective land ownership and the endowment effect in land markets: A case study of the farmland “three rights separation” reform in China

Yan, Jiahui; Yang, Yongrong; Xia, Fangzhou

doi:10.1016/j.landusepol.2020.105137

Cited by 39 publications

(27 citation statements)

References 66 publications

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“…In the case of agricultural business conditions, there is a higher likelihood of land transfer in for farmers with higher agricultural productivity and the value of agricultural machinery and equipment [36], while higher levels of household part-time employment, good off-farm livelihoods, and fixed assets have a positive impact on land transfer out [37]. From the cognitive perspective, the perception of land security function reduces the willingness to transfer land [26,38], and the presence of a strong endowment effect of farmers on land also inhibits land transfer [39]. Furthermore, there may be a deviation between willingness to transfer and actual transfer behavior [26].…”

Section: Introductionmentioning

confidence: 99%

The Impact of Family Capital on Farmers’ Participation in Farmland Transfer: Evidence from Rural China

Jing

2021

Land

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Family capital provides diverse and effective resources for production and livelihood of farmers, and thus profoundly determines farmers’ behavior in the decision-making process, yet the specific impact of family capital on farmers’ participation in farmland transfer has not been adequately examined. Based on a theoretical analysis, this paper divides family capital into four dimensions: human capital, economic capital, social capital, and cultural capital, and empirically analyzes the impact of different types of family capital on farmers’ participation in farmland transfer by using data on farmers in the 2018 China Family Panel Studies (CFPS) database. The results show that human capital, economic capital, and cultural capital all have significant impacts on both farmland transfer-out and transfer-in behavior, while social capital only plays a significant role in farmland transfer in. In order to accelerate the development process of farmland transfer in China, it is necessary to actively guide surplus rural labor towards non-agricultural employment, improve the farmland system and build a land transfer trading platform to promote the transfer of farmland to households with a good agricultural base, and strengthen social security construction to reinforce the enthusiasm of farmers engaging in land transfer.

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Section: Introductionmentioning

confidence: 99%

The Impact of Family Capital on Farmers’ Participation in Farmland Transfer: Evidence from Rural China

Jing

2021

Land

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“…The TPRS reform in China divides farmland property rights into collective ownership rights, contractual rights, and management rights. Within the contract period, the management right is the only transferable right, and the contractual right should always be retained by the farmland contract household [14,48]. Thus, under the "three property rights" structure, all rural households could be divided into three groups based on what property rights they can retain and enjoy (see Figure 2): After the introduction of HRS, to enhance property rights-related security for both outflow entities (farmland contractors) and inflow entities (farmland producers), farmland rental policies have experienced a shift from strictly forbidding open-market rentals to allowing unfettered rental of farmland [45].…”

Section: Farmland Rental and Its Income Impactsmentioning

confidence: 99%

“…The TPRS reform in China divides farmland property rights into collective ownership rights, contractual rights, and management rights. Within the contract period, the management right is the only transferable right, and the contractual right should always be retained by the farmland contract household [14,48]. Thus, under the "three property rights" structure, all rural households could be divided into three groups based on what property rights they can retain and enjoy (see Figure 2): 2021, 10, x FOR PEER REVIEW 4 of 23 family farms and agricultural enterprises).…”

Section: Farmland Rental and Its Income Impactsmentioning

confidence: 99%

Farmland Rental Participation, Agricultural Productivity, and Household Income: Evidence from Rural China

Han

2021

Land

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The rural land rental market is playing an increasingly important role in the agricultural transformation period for developing countries, including China, where rural farmland rental is highly context-specific with the implementation of the collective-owned rural land system; thus, in turn, the access to farmland rental markets for rural households has profoundly influenced their livelihood strategies and income earnings. This paper investigates the income impact differences caused by rural households’ farmland rental participation activities and explores such impact mechanisms by further evaluating the income impacts caused by rental area and household agricultural productivity. Data from the Chinese national household survey were used for estimating the empirical models. Our results show that farmland renting has positively affected households’ on-farm and total income, but there is no significant effect upon off-farm income. According to income differences across quantiles, we find households with high on-farm income are more sensitive about enlarging their farm size by renting farmland, and households with middle and upper-middle off-income may benefit more from renting out their farmland. Furthermore, the joint effects of renting area and household agricultural productivity on lessee households’ farm income is significantly positive. For lessor households, our results indicate that renting out farmland did not improve their off-farm and total income as it may have a limited effect on farm household labor distribution. Our findings suggest that engaging in farmland rental activity can enhance farming productivity efficiency and poverty alleviation among rural households. Under the collective-owned rural land system, it is urgent and necessary to initiate and design incentive policies to encourage highly efficient large farms to expand the farm size and provide smallholders with equal opportunities to engage in farmland rental activities.

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“…深刻体现了对于农民宅基地权益的 "固化保障" 和 "交易保护" [28,29] [32] 。其中，土地产权的明晰是土地要素市场化的最基本要求，关系着交易过程中损失与收益的清晰核算、土地要素私有和公有归属的认知 [33] 、外部边际成本的实际界定和不确定风险的规避 [34] ，也与土地要素市场化中搜寻、履约、启动、游说、谈判等过程中交易成本的多少息息相关 [35] [36,37] [J]. 中国土地科学, 2019, 33 (8): 1-7.…”

Section: 测算过程unclassified

Multi-value segmentation deviation measurement of rural homestead use right

XIA¹,

LU²

2021

资源科学

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Subjective land ownership and the endowment effect in land markets: A case study of the farmland “three rights separation” reform in China

Cited by 39 publications

References 66 publications

The Impact of Family Capital on Farmers’ Participation in Farmland Transfer: Evidence from Rural China

The Impact of Family Capital on Farmers’ Participation in Farmland Transfer: Evidence from Rural China

Farmland Rental Participation, Agricultural Productivity, and Household Income: Evidence from Rural China

Multi-value segmentation deviation measurement of rural homestead use right

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