Research on the Impact of Rural Land Operation Right Mortgage on Farmers'Ability Income—Evidence from the Pilot Farmland in Gansu Province
In China,the fact that finance and rural areas exist barriers has widened the income gap between urban and rural areas,hindering the realization of common prosperity.In 2016,China started the pilot construction of the mortgage of rural land management rights.The supporting policies of the pilot increased farmers'income.This paper took rural land management right mortgage loan pilot in Gansu province as an example,and selected the panel data of 84 districts and counties in Gansu province from 2012 to 2020.The propensity matching double-difference model was used to analyze the impact of rural land management right mortgage loans on farmers'ability income in the districts and counties where they are located.The results showed that:firstly,the pilot construction of farmland can significantly increase farmers'wage income,and the positive direct effect is long-lasting;second,the policy affects farmers and agriculture-related enterprises to reduce expenditure on education,culture and entertainment,and use more funds to improve the level of agricultural science and technology,so as to achieve farmers'wage income growth;third,the differences of administrative divisions can't cause significant differences in the impact of the policy on farmers'wage income.Based on this,it was believed that the government should continue to promote the pilot and follow-up work of mortgage loans for rural land operation rights to be carried out steadily,and encourage and support farmers to operate in the secondary and tertiary industries.
rural land management right mortgage loan pilotfarmers'ability incomePSM-DID