How Does Family Factor Endowment Change Affect Farmers’ Production Decision-making: An Empirical Analysis based on National Rural Fixed Observation Point Data in 2004~2013
DOI:
https://doi.org/10.54097/ajmss.v2i3.7971Keywords:
Family factor endowment, Planting structure decision-making, Production factors input, Rural fixed pointAbstract
By using data from national rural fixed point in 2004-2013, this paper constructs farmers planting structure decision-making model and production factors input decision-making model to analyze the influence of family factor endowment on farmers’ production decision-making. The study shows the following results: The factors such as the area of circulation cultivated land, the number of cultivated lands, the age of labor force, government subsidies and productive fixed assets owned by the family have a significant positive influence on farmers’ planting decision, while the area of cultivated land, the number of agricultural labor force, household disposable income and agricultural operating income have a significant negative influence on it. Under the same conditions, farmers with the advantages of labor factor endowment first consider the full use of household labor resources, and farmers with the advantages of land and capital factor endowment will increase the investment in agricultural workers, agricultural machinery and material means of production. This article argues that with the continuous promotion of land rights and the regulation of farmland circulation, the profit-driven feature of capital will inevitably stimulate farmers' investment in agricultural production, and the future worries about "who will go in for farming" and "how to farm " will naturally subsides.
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