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Reform of Collective Land for Construction and Rental Housing and the Growth of Farmers’ Property Income: Evidence from China

Peng Yao, Qi Jia (), Jianxu Liu and Woraphon Yamaka
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Peng Yao: College of Economics, Qufu Normal University, Rizhao 276826, China
Qi Jia: College of Economics, Qufu Normal University, Rizhao 276826, China
Jianxu Liu: College of Economics, Shandong University of Finance and Economics, Jinan 250014, China
Woraphon Yamaka: Faculty of Economics, Chiang Mai University, Chiang Mai 50200, Thailand

Land, 2022, vol. 12, issue 1, 1-19

Abstract: Increasing farmers’ income has always been the core task of China’s land reform. In 2017, a nationwide pilot project on the use of collective construction land for the construction of rental housing was launched. This study employed the synthetic difference-in-differences method to examine whether the reform contributed to the growth of farmers’ property income. It was found that, compared with non-pilot areas, the property income of farmers in the pilot reform of collective construction land rental housing has increased by about 0.4334% on average, and this conclusion is still valid after a series of robustness tests. The role of the reform in promoting farmers’ property income is more evident in Western China, Southern China and non-major grain-producing areas. By revealing the impact of the reform on farmers’ property income, this paper enriches the literature related to the field of farmers’ income increase and provides a policy reference for narrowing the urban–rural gap and achieving the development of rural revitalization and common prosperity.

Keywords: land supply side; collective construction land construction; rental market reform; farmers’ property income; common prosperity (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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