Reform of Agricultural Standard Land and Its Theoretical Interpretation
The reform of agricultural standard land emerged in recent years represents a new type of farmland transfer with enhanced requirements for farmland utilization,providing important practical materials and observation windows for deepening research on farmland transfer.Based on the"contract attributes & governance structure"framework of transaction cost economics,this paper analyzes the the-oretical connotation and mechanism behind the reform.The results shows that the farmland transfer with enhanced utilization requirements faces higher asset specificity and transaction risks.After the organiza-tion of village collectives,establishing township asset operation companies with strengthened the supervi-sion and service of local government is a new form of mixed governance structure for farmland transfer,and can effectively reduce transaction costs.This paper provides a deeper understanding about the inno-vation of farmland transfer and its organizational model,and also provides a useful reference for policy formulation to accelerate the construction of modern agricultural management system.
Reform of agricultural standard landFarmland transferOrganization model
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