Resources Science ›› 2021, Vol. 43 ›› Issue (1): 161-170.doi: 10.18402/resci.2021.01.13

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Impact of forest land tenure security on the circulation of ecological forest land:From the perspective of endowment effect and security perception

WANG Yuge1(), MENG Quanxing1(), CHEN Bingpu2   

  1. 1. College of Economics and Management, Northwest A&F University, Yangling 712100, China
    2. College of Finance and Economics, Gansu Agriculture University, Lanzhou 730070, China
  • Received:2019-12-17 Revised:2020-12-17 Online:2021-01-25 Published:2021-03-25
  • Contact: MENG Quanxing


Based on an examination of the logical relationship between forest land tenure security and endowment effect, security perception, and farmers’ land transfer behavior, and using survey data of 1497 samples collected by the monitoring program of collective forest rights reform in Gansu Province, this study analyzed the impact of forest land tenure security on households’ transfer of forest land through the endowment effect and security perception of farmers. The results show that higher forest land tenure security can improve the endowment effect and security perception of farmers. Specifically, the social identity dimension of property rights significantly increases the endowment effect and security perception of farmers; the exercise ability dimension of property rights mainly affects the endowment effect of farmers, but has no obvious impact on security perception. Ability of exclusion intensifies the endowment effect of farmers, while transaction and disposal ability effectively weakens the endowment effect. Property right security impact on endowment effect is weakened with the increase of time, but perception has no significant change. Endowment effect will hinder the behavior of forest land transfer while security perception could promote transfer they influence each other and affect the circulation behavior at the same time. When endowment effect and security perception are both considered, the total effect has a positive impact on forest land circulation behavior. In view of this, we suggest that the government could pay more attention to the flexible use of confirming the forest land rights and improving the online platform of forest land circulation to reduce the endowment effect of farmers and pay attention to enhance the security perception of farmers, in order to promote the circulation of forest land and realize the development of the maximum ecological and economic benefits of ecological forest land.

Key words: forest land tenure security, endowment effect, security perception, forest land circulation, bivariate Probit model, treatment effect model, Gansu Province