Can Land Stock Cooperative System Reduce the Transaction Cost of Farmland Transfer? -- A Sample Survey from 300 Villages in Jiangsu Province

The transfer of agricultural labor has brought opportunities to the breeding of China's agricultural land market, and the reform of the agricultural land system, especially the strengthening of contractual management rights, has promoted the development of the agricultural land market. While supporting these early research views, this paper also analyzes the role of agricultural land transfer intermediary organizations in promoting agricultural land transfer. Based on the questionnaire survey data of 300 villages in Jiangsu Province, this paper uses PSM method to eliminate the problems of selective deviation and endogenicity, and uses Tobit and other models for empirical analysis. The results show that land stock cooperatives play an important role in the circulation and concentration of agricultural land and the participation of a variety of new business entities in agriculture. Through the intermediary role of cooperatives in land circulation, transaction costs can be saved and the circulation of land management rights can be accelerated.
 

Release Date: January 20, 2015 | Editor: Zhai Tianchang