Rural finance, farmland transfer and agricultural production technical efficiency: Evidence from China

Author

Li, Zongzhang

Author_Institution

Coll. of Econ. & Manage., South China Agric. Univ., Guangzhou, China

fYear

2010

fDate

17-19 Sept. 2010

Firstpage

364

Lastpage

368

Abstract

This paper studies the roles played by rural finance and farmland transfer on agricultural production technical efficiency, using data from the second agricultural census of China. It first estimates agricultural production technical efficiency of each administrative area of China by employing Data Envelopment Analysis. A Tobit model is then applied to investigate the effects of formal credit, informal credit and farmland transfer on technical efficiency. The empirical results suggest that rural formal credit and farmland transfer both play positive role on technical efficiency, while informal credit constrains the improvement of technical efficiency.

Keywords

agriculture; data envelopment analysis; financial management; China; Tobit model; agricultural production technical efficiency; data envelopment analysis; farmland transfer; formal credit; informal credit; rural finance; Biological system modeling; Economics; Finance; Irrigation; Machinery; Production; Agricluture; farmland transfer; rural finance; technical efficiency;

fLanguage

English

Publisher

ieee

Conference_Titel

Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on

Conference_Location

Chongqing

Print_ISBN

978-1-4244-6927-7

Type

conf

DOI

10.1109/ICIFE.2010.5609377

Filename

5609377