The Mechanism of Rural Homestead System Reform to Promote County Economic Growth Under the Background of Rural Revitalization: Based on the quasi-natural experiments of 575 counties in China from 2013 to 2022

Xiong Ge

doi:10.62051/ijgem.v7n2.20

Authors

Xiong Ge

DOI:

https://doi.org/10.62051/ijgem.v7n2.20

Keywords:

Rural revitalization, Homestead system reform, Institutional change, Rural development, County economy, DID

Abstract

As an important part of deepening the reform of rural land system, the reform of homestead system is of great significance to activate rural resource elements, promote the integration of urban and rural development and realize rural revitalization. Based on the practical experience of pilot areas such as Kunshan City in Jiangsu Province, Yujiang District in Jiangxi Province and Haiyan County in Zhejiang Province, this paper systematically analyzes the mechanism of homestead reform on rural economic growth in counties by using empirical methods, multi-period difference-in-differences model and other methods, based on the statistical panel data of many counties in China. By combing the theoretical basis and policy background of the homestead system reform, this paper analyzes its influence path on the key links of economic growth such as factor allocation and industrial development, and tests the actual impact of the homestead system reform on economic growth. It is found that the homestead reform significantly improves the level of rural economic development by clarifying property rights, promoting factor flow, promoting industrial upgrading and optimizing the allocation of urban and rural resources. The empirical results show that the average per capita disposable income of farmers in the pilot areas of reform has increased by 542.34 yuan, and the policy effect in the central and western regions is more significant; the improvement of credit level and the development of secondary and tertiary industries are the core intermediary paths for reform to promote economic growth. This paper puts forward some suggestions, such as improving the property right system, broadening the channels of factor flow, and strengthening policy coordination, so as to provide theoretical basis and practical reference for deepening the reform of homestead.

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