Scale Effects, Technical Efficiency and Land Lease in China

Using a panel dataset from Zhejiang province in China over the period 1995-2002, we propose a two-step estimation procedure to investigate the links between land lease activity and production efficiency. We find that the output elasticity with respect to land, the scale effect and the technical efficiency are higher for farmers involved in land-lease activities. In addition, technical efficiency and land-lease activity are endogenous, and farmers with higher technical efficiency are more likely to lease more land and adopt advanced technologies to achieve higher profits, which in turn alters the technical efficiency.


Issue Date:
Sep 02 2011
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/115736
Page range:
1-14
Total Pages:
15
JEL Codes:
Q15; P23; D50




 Record created 2017-04-01, last modified 2017-08-26

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