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Title:

Factors affecting farmland rental in rural China: Evidence of capitalization of grain subsidy payments

Document type:
Zeitschriftenaufsatz
Author(s):
Zhang, Jian; Mishra, Ashok K.; Hirsch, Stefan; Li, Xiaoshun
Non-TUM Co-author(s):
ja
Cooperation:
international
Abstract:
This study investigates the factors affecting farmland rental prices in China. Special emphasis is put on the capitalization of China’s grain subsidy program into land rental rates. Using national representative farm-level data, Heckman sample selection model, and quantile regression (QR) approach, we find that a 10% increase in grain subsidy payments for contracted farmland increases the farmland rental price by about 1%. However, quantile regression results show that the capitalization rate is...     »
Keywords:
Farmland rental prices Grain subsidy Capitalization rate Quantile regression
Intellectual Contribution:
Discipline-based Research
Journal title:
Land Use Policy
Journal listet in FT50 ranking:
nein
Year:
2020
Journal volume:
90
Year / month:
2020-01
Pages contribution:
104275
Fulltext / DOI:
doi:10.1016/j.landusepol.2019.104275
Publisher:
Elsevier BV
E-ISSN:
0264-8377
Date of publication:
01.01.2020
Semester:
WS 19-20
Judgement review:
0
Key publication:
Nein
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
Commissioned:
not commissioned
Professional Journal:
Ja
Technology:
Ja
Interdisciplinarity:
Nein
Mission statement:
;
Ethics and Sustainability:
Nein
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