The rural household’s entrepreneurship under the land certification in China

As China’s economic growth slows down and the pressure of the economic downward increases gradually, the agricultural and rural economic development faces more serious challenges. Fortunately, thanks to the China’s rural land certification, it guarantees the security and stability of property rights...

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Main Authors: Fang Yang, Wei Liu, Ting Wen
Format: Article
Language:English
Published: Taylor & Francis Group 2022-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2022.2091088
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author Fang Yang
Wei Liu
Ting Wen
author_facet Fang Yang
Wei Liu
Ting Wen
author_sort Fang Yang
collection DOAJ
description As China’s economic growth slows down and the pressure of the economic downward increases gradually, the agricultural and rural economic development faces more serious challenges. Fortunately, thanks to the China’s rural land certification, it guarantees the security and stability of property rights of land, and provides a huge development space for rural household’s entrepreneurship, which promotes agricultural and rural economy greatly. In order to investigate the impact of the land certification on rural household’s entrepreneurship in China, this paper uses China Rural Household Panel Survey data for the empirical analysis based on the panel Logit model. The results show that: (1) The land certification increases the probability of agricultural entrepreneurship by at least 25%, but it has no significant influences on non-agricultural entrepreneurship. (2) The rural land certification with boundary influences agricultural entrepreneurship more significant than that without boundary, and the land certification to household is more beneficial for agricultural rural household’s entrepreneurship than that without to household. (3) The land certification mainly increases probability of agricultural entrepreneurship through the land transfer, labor allocation, and capital allocation. Moreover, the research of this study highlights the importance of standardizing rural labor market and accelerating land financial reform in creating conditions for agricultural entrepreneurship, which can provide effective data support for future rural policy-making.
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spelling doaj.art-2d419e7ccd9347d7955986e26d415cf02022-12-22T00:17:26ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2091088The rural household’s entrepreneurship under the land certification in ChinaFang Yang0Wei Liu1Ting Wen2School of Economics, Peking University, Beijing, ChinaResearch Center for Economy of Upper Reaches of Yangtze River, Chongqing Technology and Business University, Chongqing, ChinaChongqing College of Electronic Engineering, Chongqing Research Center of High-skilled Personnel Development, Chongqing, ChinaAs China’s economic growth slows down and the pressure of the economic downward increases gradually, the agricultural and rural economic development faces more serious challenges. Fortunately, thanks to the China’s rural land certification, it guarantees the security and stability of property rights of land, and provides a huge development space for rural household’s entrepreneurship, which promotes agricultural and rural economy greatly. In order to investigate the impact of the land certification on rural household’s entrepreneurship in China, this paper uses China Rural Household Panel Survey data for the empirical analysis based on the panel Logit model. The results show that: (1) The land certification increases the probability of agricultural entrepreneurship by at least 25%, but it has no significant influences on non-agricultural entrepreneurship. (2) The rural land certification with boundary influences agricultural entrepreneurship more significant than that without boundary, and the land certification to household is more beneficial for agricultural rural household’s entrepreneurship than that without to household. (3) The land certification mainly increases probability of agricultural entrepreneurship through the land transfer, labor allocation, and capital allocation. Moreover, the research of this study highlights the importance of standardizing rural labor market and accelerating land financial reform in creating conditions for agricultural entrepreneurship, which can provide effective data support for future rural policy-making.https://www.tandfonline.com/doi/10.1080/23322039.2022.2091088Agricultural economicsland certificationagricultural entrepreneurshipnon-agricultural entrepreneurship
spellingShingle Fang Yang
Wei Liu
Ting Wen
The rural household’s entrepreneurship under the land certification in China
Cogent Economics & Finance
Agricultural economics
land certification
agricultural entrepreneurship
non-agricultural entrepreneurship
title The rural household’s entrepreneurship under the land certification in China
title_full The rural household’s entrepreneurship under the land certification in China
title_fullStr The rural household’s entrepreneurship under the land certification in China
title_full_unstemmed The rural household’s entrepreneurship under the land certification in China
title_short The rural household’s entrepreneurship under the land certification in China
title_sort rural household s entrepreneurship under the land certification in china
topic Agricultural economics
land certification
agricultural entrepreneurship
non-agricultural entrepreneurship
url https://www.tandfonline.com/doi/10.1080/23322039.2022.2091088
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