主讲题目：The Effect of Income on Land Transfers: Evidence from rural China

主讲人：朱炯  博士，中国人民大学

主持人：金松青 教授

时间：2019年11月5日（周二）上午10:00-12:00

地点：浙江大学紫金港校区启真大厦1213

主讲人简介：

朱炯，中国人民大学博士，主要从事微观发展经济学、长期发展经济学等领域的研究，目前主要关注农村土地产权、土地流转以及土地抵押等问题的理论和应用研究，其论文获得北大-林肯项目、人大“双一流”项目资助。曾在密歇根州立大学、南洋理工大学做访问学生，已在《European Economic Review》、《经济研究》、《管理世界》等国内外期刊发表学术论文，获得省部级奖励两项，参与出版专著两部，参与撰写的政策报告获得国务院总理和副总理批示。

摘要：

Pension programs as social security for the elderly have been increasingly implemented in the developing countries, and recent years have also witnessed increasing government attention to promoting land rental as a key element of national development strategy. In this paper, we use an exogenous income variation generated from the Chinese New Rural Pension Scheme (NRPS) to examine the causal effects of pension program/income on rural household’s land transfer decisions. Using the China Health and Retirement Longitudinal Study (CHARLS)data, we find that program eligibility or pension income receipt has significant and positive effect on (1) participation in rent-out and (2) the amount of area rented out. However, in consistent with our hypothesis, the NRPS has no significant effect on farmer’s decision to lease-in, possibly due to thefact that the rent-in households are inherently more experienced in farming.The results are robust to different model specifications and to the controlling for different confounding factors. The main results based on regression discontinuity approach (RD) are confirmed by the difference-in-differences(DID) estimation. Also, several policy implications of our findings areprovided.