The Impact of Collective Construction Land for Commercial Use Entering the Market on the Urban-rural Income Gap
Since the policy of collective construction land for commercial use entering the market constitutes a significant aspect of the rural land system reform and narrowing urban-rural income gap(URIG)forms the key to promoting common prosperity,it is essential to conduct an in-depth examination of the relationship between them.Based on the national county-level panel data from 2010 to 2019,the present paper analyses the impact of the policy on the URIG by building a synthetic difference-in-differences(SDID)model of the policy,which can be viewed as a quasi-natural experiment.Empirical research shows the policy significantly narrows the URIG.Mechanism analysis indicates that this narrowing effect is achieved by the development of non-agricultural industries and the employment of migrant workers in their hometowns.Heterogeneity analysis finds this effect is more remarkable in counties in east and west China,and those with stronger finan-cial development or weaker fiscal capabilities.Additionally,the investigation reveals that the policy predom-inantly plays a role of"providing crucial support"rather than"enhancing existing conditions",which means that the narrowing effect is more pronounced in counties with a larger URIG.
collective construction land for commercial use entering the marketthe development of non-agricultural industriesthe employment of migrant workers in their hometownsthe urban-rural income gap
万方数据
维普
