Farmland Leasing, misallocation Reduction, and agricultural total factor Productivity: Insights from rice production in China

IF 6.8 1区经济学 Q1 AGRICULTURAL ECONOMICS & POLICY Food Policy Pub Date : 2023-08-01 DOI:10.1016/j.foodpol.2023.102518

Xiaoheng Zhang , Lingxiao Hu , Xiaohua Yu

引用次数: 2

Abstract

Reducing factor misallocation is crucial for enhancing agricultural aggregate total factor productivity (TFP) and narrowing the income gap between urban and rural areas in China. This paper presents a theoretical framework illustrating how farmland leasing affects aggregated TFP via the reduction of misallocation. Utilizing a comprehensive dataset of cost and benefit survey for Jiangsu rice farmers, monthly surface climatological data, and soil characteristic information from FAO, this study finds that efficient factor reallocation could theoretically result in a 23.6% increase in aggregate TFP. In practice, a 1% increase in farmland leasing leads to a 1.087% gain in aggregate TFP and a 0.267% reduction in misallocation using IV regression. These effects become larger after the Three Rights Separation (TRS) reform compared to prior conditions. The mediation effects of farmland leasing on TFP through misallocation reduction are only observed in Southern Jiangsu, possibly due to farmland concentration.

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农地租赁、错配减少与农业全要素生产率——来自中国水稻生产的启示

减少要素错配是提高中国农业总要素生产率、缩小城乡收入差距的关键。本文提出了一个理论框架，说明农地租赁如何通过减少错配来影响总全要素生产率。利用江苏稻农成本效益调查综合数据集、每月地面气候数据和粮农组织土壤特征信息，本研究发现，有效的要素再配置理论上可以使总全要素生产率提高23.6%。在实践中，利用IV回归，农地租赁每增加1%，总TFP增加1.087%，错配率减少0.267%。这些影响在三权分立改革后比之前的情况更大。农地租赁通过减少错配对全要素生产率的中介作用仅在苏南地区观察到，这可能与农地集中度有关。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Food Policy 管理科学-农业经济与政策

CiteScore

11.40

自引率

4.60%

发文量

128

审稿时长

62 days

期刊介绍： Food Policy is a multidisciplinary journal publishing original research and novel evidence on issues in the formulation, implementation, and evaluation of policies for the food sector in developing, transition, and advanced economies. Our main focus is on the economic and social aspect of food policy, and we prioritize empirical studies informing international food policy debates. Provided that articles make a clear and explicit contribution to food policy debates of international interest, we consider papers from any of the social sciences. Papers from other disciplines (e.g., law) will be considered only if they provide a key policy contribution, and are written in a style which is accessible to a social science readership.