JOURNAL OF NANJING FORESTRY UNIVERSITY ›› 2023, Vol. 47 ›› Issue (6): 272-280.doi: 10.12302/j.issn.1000-2006.202208064

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Income effect and heterogeneity analysis of industrial and commercial capital flowing into rural households’ land

FU Tianqin(), JI Xing, ZHANG Hongxiao()   

  1. College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China
  • Received:2022-08-29 Revised:2022-10-10 Online:2023-11-30 Published:2023-11-23

Abstract:

【Objective】At the current stage of exploring how to achieve common prosperity, it is of great significance to analyze whether the flow of industrial and commercial capital into farmers’ land effectively increases farmers’ income, and whether its income effect is heterogeneous.【Method】Based on the theoretical analysis of the heterogeneity of the income increase of industrial and commercial capital flowing into rural areas to farmers’ land, and the heterogeneity of the income increase effect, the income effect and heterogeneity of industrial and commercial capital flowing into rural land from rural areas to rural areas were empirically analyzed by using the unbalanced panel data from China Labor Force Dynamics Survey(CLDS) from 2014,2016,2018 and using a two-way fixed effect model.【Result】The inflow of industrial and commercial capital into farmers’ land has a significant income effect, which can increase farmers’ income and optimize the income structure of farmers. The flow of industrial and commercial capital into rural areas to farmers’ land has a stronger effect on the income of low-income farmers than on high-income farmers. The flow of industrial and commercial capital into the land of peasant households in the countryside has a weaker effect on the income of peasant households in the eastern region than on the income of peasant households in the central and western regions.【Conclusion】Inflow of industrial and commercial capital to the countryside has different effects on increasing the income of farmers in the eastern and western regions and high and low-income households. Therefore, relevant departments can issue relevant classification policies on the basis of protecting the rights and interests of farmers to promote industrial and commercial capital to go to the countryside. Better drive farmers to increase their income.

Key words: industrial and commercial capital to the countryside, farmer income, land transfer, fixed effects model, quantile method

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