Alleviating multi-dimensional poverty through land transfer: Evidence from poverty-stricken villages in China

Chengyou Li, Yong Jiao, Tao Sun and Anran Liu

China Economic Review, 2021, vol. 69, issue C

Abstract: This study constructs a Ramsey–Cass–Koopmans growth model of the agricultural sector, which includes land transfer characteristics, to investigate the theoretical basis of the land transfer impact on multi-dimensional poverty, under a steady equilibrium. Using 2010, 2012, and 2014 panel data from the Mutual Aid Fund for Poverty-Stricken Villages in China, we obtained results indicating the impact of land transfer on multi-dimensional poverty, based on the generalized propensity score method. The research results are as follows: (1) The intensity of rural households' land transfer in poverty-stricken villages remains low, at only 14.54%; however, it demonstrates an increasing trend. (2) When the intensity of land transfer is continuously enhanced, the multi-dimensional poverty of rural households in poverty-stricken villages decreases. (3) Rural households' land transfer in poverty-stricken villages can reduce multi-dimensional poverty by improving their savings behavior. “Precautionary savings motivation” is an important land transfer mechanism affecting rural households' multi-dimensional poverty in poverty-stricken villages.

Keywords: Land transfer; Multi-dimensional poverty; Generalized propensity score; Panel data (search for similar items in EconPapers)
JEL-codes: Q15 Q24 R52 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:69:y:2021:i:c:s1043951x21000882

DOI: 10.1016/j.chieco.2021.101670

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