Asset Details
Do you wish to reserve the book?
The Constraints of Farmers’ Endowments, Technological Progress Bias, and Modern Agricultural Production: Evidence from China’s Incomplete Factor Markets
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
The Constraints of Farmers’ Endowments, Technological Progress Bias, and Modern Agricultural Production: Evidence from China’s Incomplete Factor Markets
Do you wish to request the book?
The Constraints of Farmers’ Endowments, Technological Progress Bias, and Modern Agricultural Production: Evidence from China’s Incomplete Factor Markets
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
The Constraints of Farmers’ Endowments, Technological Progress Bias, and Modern Agricultural Production: Evidence from China’s Incomplete Factor Markets
2026
Overview
China’s agricultural modernization hinges on integrating smallholder farmers into modern production systems, yet incomplete rural factor markets and endowment constraints hinder this transition. This study examines how capital, labor, and land constraints limit smallholders’ adoption of modern agricultural production (MAP) and whether technological progress biases exacerbate these barriers. Using panel data from Shandong and Henan (2012–2022), we find that endowment constraints reduce MAP adoption by 0.028% per 1% increase in constraints, with capital constraints being the most binding. These findings remain robust after endogeneity concerns and robustness checks. Regarding the mechanism, capital-based technological progress bias mitigates the negative impact, whereas labor-based technological progress bias exacerbates it. Smallholder farmers are generally biased towards increased use of labor-based technologies and reduced use of capital-based technologies, but the trend is gradually reversing. Policy priorities include targeted subsidies to alleviate capital constraints, land tenure reforms to facilitate scale operations, and technology extension programs tailored to smallholders’ resource endowments. These findings offer a roadmap for China’s rural revitalization strategy and broader agricultural modernization efforts in developing economies.
Publisher
MDPI AG
Subject
/ Bias
/ Capital
/ factor endowment constraints
/ Farmers
/ Farms
/ Labor
/ Logic
