The Impact of Military Experience on Farmers'Entrepreneurship:An Empirical Study Based on the China Family Panel Studies(CFPS)
Implementing the strategy of Rural Revitalization requires a large number of farmer entrepreneurs to inject new development momentum.Guiding veterans to transform into rural entrepreneurship leaders is not only an effective means to solve the problem of veterans'resettlement,but also an important way to promote the revitalization of rural industry.Based on the imprinting theory,this paper empirically examines the relationship between military experience and farmers'entrepreneurship and its mechanism by using the data of Chinese Family Panel Studies(CFPS).The study finds that military experience has a significant positive impact on farmers'entrepreneurship,and the conclusion is still valid after a series of endogenous and robust checks.The mechanism analysis shows military experience has an impact on farmers'entrepreneurial behavior through military imprint.Specifically,military experience promotes farmers'entrepreneurship by improving personal values,enhancing personal ability to resist pressure,and enabling farmers to obtain more government subsidies.The test of imprinting dynamic effect shows that the effect produced by military imprinting is time-varying,which grows with an increase of the duration of military service and diminishes with an increase of the length of discharge.Heterogeneity analysis shows military experience has a stronger effect on farmers'entrepreneurship in areas with a low development level of digital inclusive finance.
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