A Study on the Change and Structure Optimization of Farmers’ Income in Different Regions under the Distortion of Factor Market
WU Guosong1,2, YAO Sheng3
1. Business School of Huzhou Normal College, Huzhou 313000, China; 2. Research Institute of “Two Mountains”, Huzhou 313000, China; 3. Institute of Agricultural Economy and Information, Anhui Academy of Agricultural Economy, Hefei 230031, China
Abstract Based on Gini coefficient, this paper discusses the regional differences of farmers’ total income growth and the changes of different income sources under the background of factor market, analyzes the changes of farmers’ income source structure through the change index of income structure, and studies the contribution rate and contribution order of seven factors, including the distortion of factor market to the differences of farmers’ income in different regions by means of Shapley value decomposition method. The results show that the regional differences of the total level of farmers’ income are increasing year by year, and the Gini coefficient of wage income is significantly higher than that of household operating income. Therefore, the Gini coefficient of farmers’ total income and wage income tends to the warning line of international income gap. Also there are significant differences in the growth potential and speed of the four major sources of farmer’s income, which have outstanding structural differences in the contribution to the increase of farmer’s income.The reason for it is that the distortion of factor market hinders the growth of farmers’ total income and other income from different sources in different regions, while other factors have significant income increasing effect. In a word, the distortion of factors market, rural human capital and the level of regional industrialization are the top three factors which result in the differences of farmers’ total income and different income sources in different regions. While the adjustment of agricultural-related policies can reduce the regional differences of farmers' total income and various income sources.
WU Guosong,YAO Sheng. A Study on the Change and Structure Optimization of Farmers’ Income in Different Regions under the Distortion of Factor Market. Economic Survey, 2021, 38(1): 048.
2021, Vol. 38 
