4.5 Article

Land resources, market-oriented reform and high-quality agricultural development

Journal

ECONOMIC CHANGE AND RESTRUCTURING
Volume -, Issue -, Pages -

Publisher

SPRINGER
DOI: 10.1007/s10644-023-09569-7

Keywords

C-D production function; High-quality agricultural development; Land resources; Market-oriented reform; Spatial panel estimation; O13; O43; Q18

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This paper confirms the importance of land resources and market-oriented reforms for high-quality agricultural development through theoretical framework and empirical analysis. The study finds that the rational use of land resources and promotion of market-oriented reforms can contribute to the development of high-quality agriculture, but they also have spatial spillover effects.
Land resources and market-oriented reforms are crucial for high-quality agricultural development. This paper constructs a theoretical framework between land resources, market-oriented reforms and high-quality agricultural development by drawing on the relevant research results of new institutional economics; moreover, it empirically tests the impact of land resources and market-oriented reforms on high-quality agricultural development by using provincial panel data from China for the 2010-2020 period and utilizing the extended C-D function and spatial Durbin model. The results show that land resources and market-oriented reform can significantly and positively affect the level of high-quality agricultural development, while having significant negative spatial spillover effects on high-quality agricultural development. Therefore, this paper puts forward policy recommendations to promote high-quality agricultural development in terms of the rational use of land resources, promotion of agricultural market-oriented reforms, strengthening cooperation and exchanges among regions and developing agriculture according to local conditions.

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