Abstract
AbstractStarting in 2006, China launched a project to carry out Basic Farmland Construction in 116 representative counties. The objective of this project was to enhance agricultural productivity. China invested 30 billion yuan in this project from 2006 to 2013. Using a difference‐in‐differences approach, this study estimates that Basic Farmland Construction increased per capita agricultural output by 6.3%, crop sown area by 5%, and agricultural mechanization by 7.3%. The total benefits of the project far exceeded the total investments. By incorporating with rainfall shocks, this study finds that the project could mitigate most of the damage from droughts and floods.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
