Empirical Analysis of Relationship between Farmers’ Income Structure and Consumption in Guizhou Province in the Context of Large-scale Poverty Alleviation

Wuxu Tian, Jingwei Liu and Zhentao Wang

Asian Agricultural Research, 2021, vol. 12, issue 09

Abstract: Large-scale poverty alleviation is one of the three major strategic actions of Guizhou Province to plan for leapfrog development. Through building an econometric model, this paper made an empirical analysis of relationship between farmers’ income structure and consumption in Guizhou Province in the context of large-scale poverty alleviation. The results show that the wage income and transfer income of rural residents in Guizhou Province have a significant impact on the promotion of their consumption, and the impact of income from household business operation is also significant, but the impact is relatively weak, while the contribution of farmers’ property income to their consumption is insufficient. Finally, in view of the problems in the relationship between the income structure and consumption of farmers in Guizhou Province, it came up with policy recommendations including broadening the income channels, increasing farmers' income, improving the income structure, and promoting farmers' consumption.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asagre:309831

DOI: 10.22004/ag.econ.309831

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