This paper first discusses the possibility of market‐transferable land use rights and mortgage loans in China, and then shows farmers’ welfare gain in the presence of such mortgage loans with a theoretical model. Cases of risks and asymmetric information are studied, and policy implications...

Purpose – The purpose of this paper is to investigate contract farming in China, using vegetable production as a case. Specifically, the authors analyze farmers' contract decisions for different types of contracts, their contract compliance behaviors, and their profitability affected by the...

This paper first discusses the possibility of market-transferable land use rights and mortgage loans in China, and then shows farmers’ welfare gain in the presence of such mortgage loans with a theoretical model. Cases of risks and asymmetric information are studied, and policy implications...

Purpose – The purpose of this paper is to investigate contract farming in China, using vegetable production as a case. Specifically, the authors analyze farmers' contract decisions for different types of contracts, their contract compliance behaviors, and their profitability affected by the...

Consumers and policymakers are increasingly concerned with environmental sustainability in food production. Yet farm-level adoption of many conservation practices has stalled. Existing incentives for practice adoption increase farmers’ expected net benefits from sustainable practices, but do...