Resources Science ›› 2018, Vol. 40 ›› Issue (10): 2015-2028.doi: 10.18402/resci.2018.10.10

• 土地资源 • Previous Articles     Next Articles

Land entitlement, land investment, and farmer land scale management from an incomplete contract perspective

Jiabin HAN1,2(), Shufeng ZHANG1(), Shuyun LIU1, Jinxiong CHANG2   

  1. 1. School of Business Administration, Liaoning Technical University, Huludao 125105, China
    2. School of Economics, Shanghai University of Finance and Economics, Shanghai 200433, China
  • Received:2018-05-02 Revised:2018-07-29 Online:2018-10-25 Published:2018-10-20

Abstract:

Entitlement of the rural land ownership to some extent would solve the incomplete contract characteristics of the contract system and allocate the residual control to land investment decisions, which inevitably affects the land transfer investment, the relationship between the special investment and the scale of land management of farmers. Based on the data of 2011, 2013, and 2015 from the China Health and Poverty Investigation Database, this study classified and regressed the samples of land turnover and land-scale management. Empirical results showed that the willingness of rural households to move out of land increased and the area of land transferred out also increased. The price of the land also increased. The right to different types of farmers into the land area exhibited a different impact. As an illustration, the land entitlement improved the transfer of an area of 0.2 hm2 below and the transfer of 0.6 hm2 above of farmers, inhibited the transfer area of 0.3-0.6 hm2. The transfer of farmer households implies the controversy over whether the right to do so would facilitate the transfer of land. Farmland entitlement has initiated an impetus to the large-scale operation of land for farmers and has made a significant impact on large-scale management of 0.6 or more households. The regression results of the interactive items validated the mechanism that confirms the right to affect the scale operation of land through influencing the land-transfer investment of farmers and the land-specific investment. The findings of the control experiment demonstrate that the ownership of the land has different impacts on the scale management of the farmers in different regions and terrain. The power of land consolidation has significantly improved the land-scale management of farmers with a management area of over 0. 6 hm2 in the eastern plains.

Key words: incomplete contract, residual control right, land entitlement, land investment, farmer land scale management, CHARLS