Research on Influence and Mechanism of Industrial and Commercial Capital Investing in Countryside on Farmers'Household Income——Empirical Research Based on CLDS Data
Promoting the increase of farmers'income is the core of solving the problems of agriculture,rural areas and farmers,and it is also the key to realize a well-off society in an all-round way.Based on the data of China Labor-force Dynamics Survey(CLDS)in 2016,the instrumental variable method was used to empirically test the impact of industrial and commercial capital investing in the countryside on farmers'household income and further the possible intermediate mechanism and regulatory effect were analyzed.The empirical results showed that industrial and commercial capital investing in the countryside helped to improve the total income of farmers,and this effect had obvious heterogeneity.The promotion effect of industrial and commercial capital investing in the countryside was more obvious in the middle and western area.The research on intermediary mechanism showed that the farmland rental by industrial and commercial capital would promote family wage income through non-farm employment,while the provision of social services by industrial and commercial capital would promote family agricultural income through agricultural production efficiency,and non-farm employment was a partial intermediary variable,agricultural production efficiency was a complete intermediary variable.Farmland registration,farmland transfer-out and village economic location played a regulatory role.Finally,some policy suggestions were put forward based on the results of empirical analysis,it was necessary to pay attention to the effective combination of the form of industrial and commercial capital investing in the countryside,adhere to the people-oriented,effectively protect the basic rights and interests of farmers,and actively develop rural finance to increase farmers'access to formal credit.
industrial and commercial capital investing in countrysidewage incomeagricultural incomenon-farm employmentagricultural production efficiency
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