Centralized Circulation and Farmland Rent:Effects and Mechanisms
Centralized circulation led by village collectives and new agricultural business entities has gradually become an emerging trend and an important component of the agricultural land transfer model under the policy orientation of achieving moderate-scale operation of farmland,and it may affect the pricing decision of farmland rent This paper examines the impact of centralized circulation on land rent and its mechanisms from the dual dimensions of transfer-out and transfer-in,by using the two-period mixed cross-sectional data of the China Family Database(CFD)conducted in 2017 and 2019.This paper finds that for the transfer-out party,centralized circulation would raise the farmland rent by promoting the marketization of land elements,and for the transfer-in party,it would make them accept the higher farmland rent by reducing the transaction cost and enhancing the stability of the contract.These conclusions imply that the growth of farmland rent caused by centralized circulation is not only the protection for the farmland transfer income of the contractors,but also can stabilize the production and management expectations of the operators at present Our conclusion provides a new insight for promoting the moderate-scale management of farmland,increasing farmers'income and ensuring agricultural production in the new era.
NETL
NSTL
万方数据
