Land Transfer and Agricultural Modernization: Internal Mechanism and Empirical Testing

Abstract

Agricultural modernization is the long-term goal of China's agricultural development and an important part of achieving Chinese path to modernization. Land transfer, as the direction of agricultural system reform, should play an important role in achieving agricultural modernization. Based on the provincial Panel data from 2011 to 2020, this paper theoretically and empirically analyzes and verifies the impact of land transfer on agricultural modernization. The results indicate that land transfer has a significant impact on the development of agricultural modernization in China, and the conclusion still holds after considering robustness tests such as replacing the dependent variable, tail reduction treatment, and lag treatment. Heterogeneity analysis indicates that land transfer has spatial heterogeneity in the development of agricultural modernization in China, with significant effects on the modernization of agriculture in the eastern and central regions, but not in the western regions. This paper provides new Empirical evidence for the related research of land circulation and agricultural modernization, and also provides relevant policies for accelerating land circulation to promote agricultural modernization.