The Impact of Major Grain Producing Area Policy Implementation on the Business Profits of Agricultural Enterprises
Based on the data of China Academy for Rural Development-Qiyan Database(CCAD),this paper employs a regression discontinuity design to examine the impact of the major grain producing area policy implementation on the business profits of agricultural enterprises at the micro-level.The results indicate that the implementation of the policy in major grain producing areas enhances the business profit margin of agricultural enterprises.Mechanism analysis reveals that the policy implementation not only facilitates the promotion of technological efficiency in agricultural enterprises to improve TFP,optimize input structure,and gain cost advantages,but also encourages agricultural enterprises to participate in various forms of industry integration,thereby expanding income channels.Further analysis shows that,compared with non-grain enterprises,grain enterprises experience a greater positive effect from the policy.The conclusions of this study provide empirical evidence for exploring the mechanisms and optimization paths through which the major grain producing areas promotes the business profit growth of agricultural production.
Major Grain Producing AreasAgricultural EnterprisesRegression Discontinuity Design
NETL
NSTL
万方数据
