Benefit distribution of collectively-owned operating construction land entering the market in rural China: A multiple principal-agent theory-based analysis

doi:10.1016/j.habitatint.2021.102328

	Benefit distribution of collectively-owned operating construction land entering the market in rural China: A multiple principal-agent theory-based analysis
	Yan, Lei 3; Hong, Kairong 3; Chen, Kunqiu 4,5,6; Li, Hui 1; Liao, Liuwen 2
刊名	HABITAT INTERNATIONAL
	2021-03-01
卷号	109 页码:15
关键词	Land institution reform Urban-rural transformation development Rural vitalization Land-use efficiency Principal identity of farmers Multiple principal-agent theory
ISSN号	0197-3975
DOI	10.1016/j.habitatint.2021.102328
通讯作者	Chen, Kunqiu(chenkq.18b@igsnrr.ac.cn)
英文摘要	The benefit distribution mechanism is the key to collectively-owned operating construction land (COCL) entering the market. Based on the multiple principal-agent relationship between stakeholders, this paper establishes a theoretical model of COCL benefit distribution, quantitatively analyzes the optimal benefit distribution ratio of stakeholders, and simulates the optimal benefit distribution ratio of each subject's interests under different circumstances. The benefit distribution mechanism constructed in this paper can maximize stakeholder interest and land-use efficiency, stimulate the enthusiasm of participants, and ensure the smooth implementation of policies. The results show that in order to maximize land values, enterprises should also be included in the benefit distribution. The optimal benefit distribution ratio of the village collective mainly ranges from 10% to 20%, and that of farmers mainly ranges from 20% to 30%. The optimal benefit ratio of enterprises and government fluctuates widely, mostly ranging from 10% to 70%, respectively. There are obvious regional differences and industry differences in the optimal benefit distribution ratio of COCL. In developed areas, the benefit distribution ratio of enterprises can be moderately expanded, and the market-led mode can be adopted; in less developed areas, the benefit distribution ratio of local government can be moderately increased, and the government-led mode is more appropriate. Industries with a low cost coefficient and operating income that mainly depends on their own production capabilities should have a higher benefit distribution ratio, whereas industries with a higher cost coefficient and operating income greatly affected by other factors should have a lower benefit distribution ratio. Accordingly, some suggestions are made to promote the orderly introduction of COCL into the market based on stakeholder interest considerations.
资助项目	Program of National Natural Science Foundation of China[41971216] ; Program of National Social Science Foundation of China[18CJY033]
WOS研究方向	Development Studies ; Environmental Sciences & Ecology ; Public Administration ; Urban Studies
语种	英语
出版者	PERGAMON-ELSEVIER SCIENCE LTD
WOS记录号	WOS:000624558700003
资助机构	Program of National Natural Science Foundation of China ; Program of National Social Science Foundation of China
内容类型	期刊论文
源URL	[http://ir.igsnrr.ac.cn/handle/311030/162110]
专题	中国科学院地理科学与资源研究所
通讯作者	Chen, Kunqiu
作者单位	1.Cent South Univ Forestry & Technol, Sch Econ, Changsha 410083, Peoples R China 2.Changsha Univ, Coll Econ & Management, Changsha 410022, Peoples R China 3.Cent South Univ, Sch Business, Changsha 410083, Peoples R China 4.Hunan Univ, Sch Publ Adm, Changsha 410082, Peoples R China 5.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China 6.Univ Chinese Acad Sci, Coll Resources & Environm, Beijing 100049, Peoples R China
推荐引用方式 GB/T 7714	Yan, Lei,Hong, Kairong,Chen, Kunqiu,et al. Benefit distribution of collectively-owned operating construction land entering the market in rural China: A multiple principal-agent theory-based analysis[J]. HABITAT INTERNATIONAL,2021,109:15.
APA	Yan, Lei,Hong, Kairong,Chen, Kunqiu,Li, Hui,&Liao, Liuwen.(2021).Benefit distribution of collectively-owned operating construction land entering the market in rural China: A multiple principal-agent theory-based analysis.HABITAT INTERNATIONAL,109,15.
MLA	Yan, Lei,et al."Benefit distribution of collectively-owned operating construction land entering the market in rural China: A multiple principal-agent theory-based analysis".HABITAT INTERNATIONAL 109(2021):15.