The impact of farmland property rights security on the farmland investment in rural China |
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| Affiliation: | 1. Key Laboratory of Ecosystem Network Observation and Modeling, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing, China;2. University of Chinese Academy of Sciences, Beijing, China;3. UNEP-International Ecosystem Management Partnership (UNEP-IEMP), Beijing, China;1. Asia Institute, University of Melbourne, Parkville, VIC 3010, Australia;2. Centre for Contemporary Chinese Studies, University of Melbourne, Parkville, VIC 3010, Australia;3. School of Humanities and Social Sciences, La Trobe University, Bundoora, VIC 3086, Australia;4. Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China;5. College of Science and Engineering, Division of Tropical Environments and Societies, James Cook University, Smithfield, QLD 4878, Australia;6. Research Center for Reservoir Resettlement, China Three Gorges University, Yichang, Hubei Province 443002, China;7. School of Ethnology and Sociology, Yunnan University, Kunming, Yunnan Province 650106, China;8. Institute for Population and Development Studies, School of Public Policy and Administration, Xian Jiaotong University, Xian, Shaanxi Provice 710049 China;9. College of Economics and Management, China Agricultural University, Beijing 100083, China;10. East Asian Institute, National University of Singapore, Singapore 259770;1. School of Geographic and Oceanographic Sciences, Nanjing University, 163 Xianlin Street, Jiangsu Province 210023, China;2. School of Territorial Resources and Tourism, Anhui Normal University, Wuhu, Anhui 241000, China;3. Department of Land Economy, University of Cambridge, Cambridge CB3 9EP, UK;4. School of Land Management, Nanjing Agricultural University, Nanjing, Jiangsu Province 210095, China;5. Department of Geography, Indiana University Bloomington, Bloomington 47405, USA;1. College of Economics and Management, Northwest A&F University, Yangling, 712100, China;2. Business School, University of Eastern Finland, Joensuu, Finland;1. School of Architecture and Urban Planning, Chongqing Jiaotong University, 66 Xuefu Road, Nan’an District, Chongqing, 400074, PR China;2. School of Architecture and Urban Planning, Suzhou University of Science and Technology, 1701 Binhe Road, Suzhou, PR China;3. School of Geography and Planning, Cardiff University, Glamorgan Building, King Edward VII Avenue, Cardiff, CF10 3WA, UK;4. School of Public Affairs, Zhejiang University, 955 Mengminwei Buidling, Yuhangtang Road, Hangzhou, 310058, PR China;1. Key Laboratory of Land Surface Pattern and Simulation, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences(CAS), Beijing 100101, China;2. University of Chinese Academy of Sciences, Beijing 100049, China;3. International College, University of Chinese Academy of Sciences, Beijing 100049, China |
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| Abstract: | This paper aims to estimate the effect of the security of farmland property rights on land-attached and long-term investment. Based on the data from a nationally representative sample with 5887 plots of 1175 households among 5 provinces in rural China, we adopt Probit, Ordinary Least Squares / Tobit, and the household fixed effect methods to yield the consistent results. The results show that the security of farmland property rights have significant and positive effects on the possibility and amount of the overall farmland investment. However, it has different effects on the different types of investments. The share of farmland retained significantly affects the investments in soil quality improvement and changing use of the plots but does not affect the investment in water conservancy facilities. The types of farmland property rights affect investments in water conservancy facilities and changing use of plots, but do not affect investment in soil quality improvement. The findings imply that the Chinese government should be the principal investor in water conservancy facilities and enlarge the operational scale of farmland by facilitating farmland transfer to increase private investment. |
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| Keywords: | Farmland property rights Land-attached investment Rural China |
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