Technological change and agricultural household income distribution: theory and evidence from China

Lin, Justin Yifu

doi:10.1111/1467-8489.00075

Cited by 11 publications

(5 citation statements)

References 13 publications

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“…T Y is the isoquant curve for traditional energy and M Y is the isoquant curve for modern energy. Every point on M Y has a higher capital-labour ratio than that on T Y , meaning the technology for producing modern energy requires more capital than labour compared to traditional energy (Lin 1999). In a less developed economy, the isocost line is lower than that for a developed economy, denoted by 1 X .…”

Section: Related Literature and Conceptual Frameworkmentioning

confidence: 99%

Directed Technical Change, Capital Intensity Increase and Energy Transition: Evidence from China

Dong¹,

Mugera²,

White³

2019

The Energy Journal

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This paper analyses the causes of China's energy transition since 1978 when the economic reform policy was launched. We aim to determine if increasing capital intensity in the Chinese economy is driving a shift in the energy mix towards modern energy sources, such as solar electricity. The empirical investigation is based on national level time series data from 1978 to 2015. The results of a Granger Causality test show that increasing capital intensity causes transition to modern energy in the long run, but not vice versa. The impulse-response analysis, based on the Johanson cointegration and vector error correction model (VECM), verifies that capital intensity determines energy transition in the long-run and the adjustment period to an exogenous shock from capital intensity is around five years. This is in line with China's National Five-year Plans which often introduce major shifts in energy and industrial policy. We conclude China's energy transition is driven by capital deepening and biased technical change towards capital-intensive modern energy in the long run. The rate of change is increased by exogenous investment shocks partly as a result of policy initiatives introduced by China's Five Year Plans.

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Section: Related Literature and Conceptual Frameworkmentioning

confidence: 99%

Directed Technical Change, Capital Intensity Increase and Energy Transition: Evidence from China

Dong¹,

Mugera²,

White³

2019

The Energy Journal

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“…However, the profitability and R/C has to improve. When a new technology becomes available, the adopting households will reallocate resources to increase the production of beef cattle (Yifu, 1999).…”

Section: Profitability Of Large Beef Cattle Industrymentioning

confidence: 99%

Beef Cattle Large Commodity Chain: Market Structure And Performance Analysis

Sunyigono

2019

Agriekonomika Jurnal Sosial EKonomi dan Pertanian

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Industri sapi potong masih didominasi oleh peternak kecil (98%) sedangkan sisanya adalah kontribusi dari peternak besar. Sehingga belum mampu memenuhi kebutuhan nasional. Meskipun kecil, peran peternak besar cukup signifikan terutama dalam memenuhi kebutuhan daging berkualitas tinggi. Oleh karena kajian terhadap peran peternak besar sangat dibutuhkan. Tujuan dari kajian ini adalah menganalisis struktur pasar dan kinerja peternak besar sapi potong di Jawa Timur yang merupakan lumbung daging nasional. Metode analisis yang digunakan adalah analisis Rasio Konsentrasi, Gini Koefisien dan Hambatan masuk dan keluar pasar. Hasil kajian menunjukkan bahwa: 1. Struktur pasar sapi bakalan dan jagal adalah oligopoli lemah sedangkan struktur pasar peternak dan pedagang adalah oligopoli kuat; 2) Analisis kinerja rantai komoditas sapi potong di tingkat penyedia bakalan, peternak, pedagang dan jagal adalah menguntungkan dan efisien; 3) Terdapat hubungan antara struktur pasar dan kinerja usaha sapi potong yaitu semakin tinggi tingkat konsentrasi pasar maka semakin tinggi pula tingkat keuntungan dan efisiensinya.

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“…Furthermore, advances in agricultural technology facilitate the transfer of rural labor to urban areas, which can further boost non-farm incomes. Therefore, in the presence of food price controls, agricultural technological progress can positively affect farmers' welfare by promoting agricultural productivity gains and rural-urban mobility (Yang & Zhu, 2013;Yifu, 1999;Gollin et al). Based on the above analysis, we propose the following hypothesis.…”

Section: Conceptual Frameworkmentioning

confidence: 99%

“…As a result, endogenous factors that contribute to enhancing farmers' income growth, such as agricultural technological progress, have been overlooked. The agricultural technological progress plays a crucial role in increasing farmers' incomes, particularly in China, where rural labor migration and population aging pose a double challenge during the transition to agricultural modernization (Yang & Zhu, 2013;Yifu, 1999;Gollin et al, 1977;Pingali, 2012). Examining this factor is essential in promoting farmers' income growth and bridging the urban-rural income gap.…”

Section: Introductionmentioning

confidence: 99%

The digital finance and urban-rural gap: Evidence from China

Zhang

Ding

2023

Preprint

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The pursuit of both commercial sustainability and social responsibility is a defining characteristic of inclusive finance. One practical application of this dual goal is to increase the income of farmers through the use of digital inclusive finance. This study aims to measure the impact of digital inclusive finance on farmers' income levels and identify its operational mechanism. Drawing on statistical data from 281 prefecture-level cities in mainland China from 2011 to 2020, the study finds a significant positive correlation between the level of development of digital inclusive finance and farmers' income levels. Furthermore, digital inclusive finance has a positive effect on narrowing the income gap between urban and rural areas, mainly by promoting technological progress in agriculture. The study's heterogeneity analysis reveals that the positive effect of digital inclusive finance is more pronounced in areas with higher human capital and lower levels of digital development. Moreover, traditional financial development and digital financial inclusion are complementary. These findings provide empirical evidence of the role of digital finance in promoting balanced development.

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Technological change and agricultural household income distribution: theory and evidence from China

Cited by 11 publications

References 13 publications

Directed Technical Change, Capital Intensity Increase and Energy Transition: Evidence from China

Directed Technical Change, Capital Intensity Increase and Energy Transition: Evidence from China

Beef Cattle Large Commodity Chain: Market Structure And Performance Analysis

The digital finance and urban-rural gap: Evidence from China

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