%0 Journal Article %A Yang YANG %A Hua LI %A Caixia XUE %A Rui HUANG %T Impact of forest property rights and market environment on peasant household forestry investments in different production links in Fujian %D 2018 %R 10.18402/resci.2018.02.18 %J Resources Science %P 427-438 %V 40 %N 2 %X

We surveyed 429 peasant households in Fujian to study the intensity and differences in forestry investments in different production links. We used Tobit model to examine the impact of forest property rights and market environment on forestland investments. We found that as trees have a longer growth cycle, forestland investments in tending link are greater than planting link. The main reform of collective forest tenure has a positive impact on planting and tending links’ investments through stable forest property rights; forestation subsidy can promote the intensity of planting investment and forestry loans improve the intensity of tending investments. In contrast, the difficulty in applying for logging timber has no significant effect on planting and tending links’ investments. The rigid demand for labor at the planting link has led to the employer price of forestry positively affecting forestland investments in planting link. The lease price of forestland in market environment has negative impact on tending link investment, however, the timber market price has no obvious effect on planting and tending investments. Therefore, in order to mobilize the investment enthusiasm of farmers to increase the volume of collective forest and realize the international commitment of National Independent Contribution, we suggest that government further implements the main reform of collective forest tenure to improve the stability of forest property rights, promote forest tending subsidy, strengthen the forestry loan supporting dynamics and coverage, crack down on the price monopoly of abnormal means, promote fair competition in the timber market, and cultivate a healthy and vibrant forestry market environment.

%U https://www.resci.cn/EN/10.18402/resci.2018.02.18