Access to credit and farmland rental market participation: Evidence from rural China

2020 ◽  
Vol 63 ◽  
pp. 101523
Author(s):  
Changsheng Li ◽  
Wanglin Ma ◽  
Ashok K. Mishra ◽  
Liangliang Gao
Keyword(s):  
Rural China ◽  
Market Participation ◽  
Access To Credit ◽  
Rental Market

Access to Credit, Farm Productivity and Market Participation in Ghana: A Conditional Mixed Process Approach

2020 ◽  
Vol 14 (2) ◽  
pp. 226-246 ◽  
Author(s):  
Hamdiyah Alhassan ◽  
Benjamin Musah Abu ◽  
Paul Kwame Nkegbe
Keyword(s):  
Jel Classification ◽  
Transmission Mechanism ◽  
Living Standards ◽  
Market Participation ◽  
Multiple Cropping ◽  
Commercial Agriculture ◽  
Access To Credit ◽  
Farm Productivity ◽  
Modelling Framework ◽  
Using Data

This study tests the hypothesis of whether credit impacts productivity, and whether productivity in turn impacts market participation under a simultaneous modelling framework of credit, productivity and market participation, which has not been pursued in the literature. Using data from the Ghana Living Standards Survey Round 6, we applied a conditional mixed process estimation technique to correct for selectivity bias and unobserved endogeneity. We find that credit positively impacts productivity, which in turn positively impacts market participation. Furthermore, other determinants such as roads, public transport, radio and phone, and compliance with extension advice positively influence productivity while availability of markets and multiple cropping in a season increase the decision to sell maize. These findings imply that the transmission mechanism to transform the subsistence nature of Ghanaian agriculture into a sector characterized by commercial agriculture is to enhance access to credit, which in turn would stimulate productivity, which in turn would enhance market engagement. JEL Classification: Q12, Q13, Q14

scholarly journals Data Civil Rights - Housing Primer

2017 ◽  
Author(s):  
Alex Rosenblat ◽  
Kate Wikelius ◽  
danah boyd ◽  
Seeta Peña Gangadharan ◽  
Corrine Yu
Keyword(s):  
Civil Rights ◽  
Data Analytics ◽  
Home Ownership ◽  
Open Data ◽  
Housing Policies ◽  
Access To Credit ◽  
Rental Market ◽  
Data Practices

Data has always played an important role in housing policies, practices, and financing. Housing advocates worry that new sources of data are being used to extend longstanding discriminatory practices, particularly as it affects those who have access to credit for home ownership as well as the ways in which the rental market is unfolding. Open data practices, while potentially shedding light on housing inequities, are currently more theoretical than actionable. Far too little is known about the ways in which data analytics and other data-related practices may expand or relieve inequities in housing.

scholarly journals Does the New Rural Pension System Promote Farmland Transfer in the Context of Aging in Rural China: Evidence from the CHARLS

2019 ◽  
Vol 16 (19) ◽  
pp. 3592
Author(s):  
Yahui Wang ◽  
Qingyuan Yang ◽  
Liangjie Xin ◽  
Jingyu Zhang
Keyword(s):  
Pension System ◽  
Rural China ◽  
Supply And Demand ◽  
Participation Rate ◽  
The Elderly ◽  
Rental Market ◽  
Land Transfer ◽  
Land Rental ◽  
The Government ◽  
The Impact

The lack or instability of the pension system for the elderly in rural China has become a paramount obstacle for sustainable land transfer, namely land use right transfer among farmers, in the context of aging. The New Rural Pension System (NRPS), a pilot project that provided basic security for the elderly, was implemented in 10% of counties in 2009 and rapidly promoted nationwide in China. This study evaluates the impact of NRPS on farmland transfer by developing econometric models by employing the China Health and Retirement Longitudinal Study (CHARLS) from 2011 to 2015. The participation rate in NRPS increased from 25.87% in 2011 to 80.85% in 2015, and the participation rate in farmland transfer rose from 11.56% to 24.04%. Everything else being held equal, the probability of farmers who transferred out their land increased by approximately 13% and the land area has been transferred increased by 11.2% due to participation in NRPS, indicating that the NRPS improved the operation efficiency of land rental market. Furthermore, the heterogeneity analysis showed that the probability and area mentioned above had a significant upward trend with the increase of the time and insured amount of participation in NRPS, which reduced dependence on farmland for the elderly and promoted the sustainability of land transfer. The government should further encourage farmers to increase the coverage and insured amount of pension system in the context of aging. Meanwhile, a platform to promote land transfer should be established to provide information about land supply and demand and reduce the transaction cost of land rental market.

Mismatch

2014 ◽  
Vol 6 (2) ◽  
pp. 229-247 ◽  
Author(s):  
Yi Che
Keyword(s):  
Rural China ◽  
Probit Model ◽  
Content Type ◽  
Rental Market ◽  
Land Rental ◽  
Negative Effect ◽  
Farm Survey ◽  
Land Reallocation ◽  
Land Size ◽  
Positive Effect

Purpose – The purpose of this paper is to evaluate the relative impacts of full-scale land reallocation (FLR) and partial-scale land reallocation (PLR) on household land rental behavior in rural China. Design/methodology/approach – Probit model, Tobit model and Semi-parametric model are used to provide empirical evidences. Findings – Drawing upon an unique farm survey in 2003, the authors find that in rural China, FLR is more likely to follow egalitarian rule and PLR takes productivity of households into consideration. Econometric analysis provides two main findings. First, FLR has positive effect on household land rental behavior, possibly because egalitarian FLR creates a mismatch between household agricultural ability and land size and after FLR households have to participate in land rental market to adjust the mismatch. Second, PLR has negative effect on household land rental behavior which supports that land reallocation and land rental market are substitutes (Brandt et al., 2004). Originality/value – The main contribution of this study is to show that FLR and PLR in rural China are motivated by two different rationales (i.e. FLR by egalitarian concerns and PLR by efficiency concerns).

Stepping up to market participation of smallholder agriculture in rural areas of Indonesia

2019 ◽  
Vol 79 (2) ◽  
pp. 255-270 ◽  
Author(s):  
Joko Mariyono
Keyword(s):  
Rural Areas ◽  
Capital Investment ◽  
Business Environment ◽  
Vegetable Crops ◽  
Market Participation ◽  
Content Type ◽  
Access To Credit ◽  
Seed Technology ◽  
Vegetable Farming ◽  
The Impact

PurposeThe purpose of this paper is to analyse factors that determine farmers’ intention to commercialise vegetable-based agribusiness ventures in rural areas and assess the effect of commercialisation on farmers’ income.Design/methodology/approachThe study used a regression approach. Market participation and farmers’ income were hypothesised to be dependent on other external factors. This study employed data compiled from a quantitative survey of 357 farm households located in four major vegetable producing regions of rural East Java and Bali, Indonesia.FindingsResults indicate that household attributes, business environment, supporting facilities and farm characteristics determined farmers to commercialise vegetable farming. Access to credit, seed technology and farm site played high contribution to the market participation. Ultimately, commercial vegetable farming provides an economic advantage regarding increased income. Land fragmentation and status of landholding were identified to influence the net revenue of vegetable farming.Research limitations/implicationsThis study has a limitation concerning the number of samples and the availability of data and information. The number of samples is 357 which is about 4 per cent of the total population.Practical implicationsEstablishment of vegetable agribusiness terminals with all market infrastructures, adequate access to market information, credit and human capital investment through training and extension services are also required, will boost market participation. Re-structuring land ownership might be the best step to augment farmers’ income, through consolidation of fragmented fertile lands devoted to intensive vegetable farming.Originality/valueThis study was purposely conducted in rural areas where there were subsistence farmers, as this is to improve farmers’ income by commercialising vegetable crops. A novel feature of this finding is the role of access to credit in the commercialisation of vegetable farming and the impact of landholding status on the profitability of intensive farming of high-valued vegetables.

Property rights integrity, tenure security and forestland rental market participation: Evidence from Jiangxi Province, China

2019 ◽  
Vol 43 (2) ◽  
pp. 95-110 ◽  
Author(s):  
Yuepeng Zhou ◽  
Xiaoping Shi ◽  
Dengyan Ji ◽  
Xianlei Ma ◽  
Satish Chand
Keyword(s):  
Property Rights ◽  
Jiangxi Province ◽  
Market Participation ◽  
Tenure Security ◽  
Rental Market

Drivers of household entry and intensity in land rental market in rural China: evidence from North Henan Province

2016 ◽  
Vol 8 (2) ◽  
Author(s):  
Xiaohuan Yan ◽  
XUEXI HUO
Keyword(s):  
Labor Markets ◽  
Land Tenure ◽  
Design Methodology ◽  
Rural China ◽  
Henan Province ◽  
Rural Land ◽  
Rental Market ◽  
Land Rental ◽  
Rental Markets ◽  
Land Rental Markets

Purpose Economic reforms in rural China have led to the emergence of land and labor markets. The development of rural land rental markets can improve agricultural productivity and equity by facilitating transfers of land to more productive farmers and facilitating the participation in the non-farm economy of less productive farmers. In contrast to the burgeoning development of off-farm labor markets, the development of rural land rental market has lagged. The purpose of this study is to analyze the factors affecting households’ entry and transaction intensity in rural land rental markets, especially the effects of land tenure and off-farm employment. Design/methodology/approach Based on a field survey data of 479 household in Henan Province in 2009, the authors used Cragg’s double hurdle model to identify the determinants for households’ land rental participation and its transaction amount. Findings Off-farm employment is one of main driving factor for household’s land rent-out decision. Tenure insecurity reduces both the propensity and the magnitude of rental market transactions. Land use certificates significantly contribute to participation in land-rental markets and the rental amount. Originality/value This paper treats household land rental market participation as a related two-step process, focusing on both land transfer and its transaction amount. This paper also builds on a broad view, including analysis on both demand and supply side of land rental market.

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