How does the improvement of farmers' financial literacy affect food production? Analysis of behavior and constraints based on element substitution and planting structure adjustment
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Abstract
Food security is the foundation of national security, yet few studies have explored the impact of financial literacy on food production in the context of deepening rural financial development. Using data from the 2021 China Land Economy Survey, this paper theoretically and empirically analyzes the impact of factor substitution and cropping restructuring behavior on grain production brought about by farmers' financial literacy and further discusses the heterogeneous impact on grain production under different constraints. The results show that: (1) Farmers' overall financial literacy varies widely within the household, and the proportion of planting is still dominated by grain cultivation; (2) The increase of financial literacy has a significant inhibitory effect on grain cultivation area and grain mechanization; (3) Differences in the level of financial literacy and the difficulty of mechanical substitution will lead to heterogeneous effects on outcomes. The study recommends that governments should pay attention to the phenomenon of financial literacy-induced de-fooding. On the one hand, there is a need to make food production more economical and profitable for farmers; on the other hand, there is a need to regulate and advocate for comprehensive financial literacy and to reject profit-seeking.
期刊介绍：
Food Security is a wide audience, interdisciplinary, international journal dedicated to the procurement, access (economic and physical), and quality of food, in all its dimensions. Scales range from the individual to communities, and to the world food system. We strive to publish high-quality scientific articles, where quality includes, but is not limited to, the quality and clarity of text, and the validity of methods and approaches.
Food Security is the initiative of a distinguished international group of scientists from different disciplines who hold a deep concern for the challenge of global food security, together with a vision of the power of shared knowledge as a means of meeting that challenge. To address the challenge of global food security, the journal seeks to address the constraints - physical, biological and socio-economic - which not only limit food production but also the ability of people to access a healthy diet.
From this perspective, the journal covers the following areas:
Global food needs: the mismatch between population and the ability to provide adequate nutrition
Global food potential and global food production
Natural constraints to satisfying global food needs:
§ Climate, climate variability, and climate change
§ Desertification and flooding
§ Natural disasters
§ Soils, soil quality and threats to soils, edaphic and other abiotic constraints to production
§ Biotic constraints to production, pathogens, pests, and weeds in their effects on sustainable production
The sociological contexts of food production, access, quality, and consumption.
Nutrition, food quality and food safety.
Socio-political factors that impinge on the ability to satisfy global food needs:
§ Land, agricultural and food policy
§ International relations and trade
§ Access to food
§ Financial policy
§ Wars and ethnic unrest
Research policies and priorities to ensure food security in its various dimensions.
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