Effects of land transfer on family living standards: evidence from middle-aged and older farmers in China
摘要
Under the growing aging trend in China’s rural population, this study investigates the current status of land transfer among middle-aged and older farmers, its impact on their household living standards, and the underlying impact mechanisms. Using 2011, 2013, 2015, and 2018 panel data from the China Health and Retirement Longitudinal Study, we construct a land transfer intensity indicator based on a sample of 2895 farmers aged 45 years and above. To address self-selection-related endogeneity, the generalized propensity score method is employed. The main findings are as follows: (1) The overall land transfer intensity among middle-aged and older farmers remains relatively low at 14.91%, but shows an upward trend, rising from 11.99% in 2011 to 19.35% in 2018. (2) The increased land transfer intensity significantly improves household net income and consumption levels, thus increasing living standards. (3) Land transfer promotes occupational stratification within rural households, facilitating a reallocation of labour and time that contributes to welfare improvement. (4) The effects of land transfer vary by age group: middle-aged farmers experience more substantial gains because of their higher physical and human capital endowments, whereas older farmers face diminishing returns because of age-related constraints.