The Impact of the Reform of Rural Collective Property Rights System on the County Economic Development:Evidence from 1,873 Counties in China
The reform of the rural collective property rights system is a major institutional innovation in China's rural reform,which is of great significance for activating the potential of various types of rural collective production factors,realizing the effective allocation of urban and rural factors,and promoting regional economic development.Based on the panel data of 1,873 counties(cities and districts)in China from 2013 to 2020,this paper examines the impact of the rural collective property rights system reform on county economic development by using the difference-in-differences model based on the pilot reform of China's rural collective property right system.The study finds that,first,the reform of the rural collective property rights system helps stimulate the momentum of regional development,and has a significant promoting effect on the development of primary,secondary,and tertiary industries at the county level.Second,in the eastern region,where collective assets have accumulated relatively much,the reform of the rural collective property rights system has further stimulated the vitality of development,and the promoting effect on the county economic development is more obvious than that in the central and western regions.Third,after the start of the battle against poverty,the state has supported the collective economic development of poor counties more vigorously,and the promoting effect of the reform of the rural collective property rights system in poor counties on the county economic development has been more obvious than that in non-poor counties.Fourth,the reform of the rural collective property rights system is conducive to the optimization of the county's industrial structure and the enhancement of the level of industrial agglomeration,which helps to improve the quality of county economic development
The Reform of Rural Collective Property Rights SystemCounty Economic DevelopmentCollective Economy,Staggered Difference-in-Differences Model