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How does single- or double-cropped rice policy influence spatially irrigated land value in China?

Author

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  • Yuqun Dong

    (School of Economic and Management, Southeast University, Nanjing, P. R. China)

  • Yaming Zhuang

    (School of Economic and Management, Southeast University, Nanjing, P. R. China)

Abstract

Rice cropped policy has been constantly changing, affecting the value of irrigated land. This study aims to examine distribution patterns of irrigated land value from a new perspective of uncertainties in single- and double-cropped rice policies in China. The real options approach was employed to calculate irrigated land value under policy uncertainty, and Moran's index was applied to identify the spatial distribution characteristics of irrigated land value at the provincial level. The empirical results were as follows: significantly positive spatial correlations existed between the land value under two cropped rice policies. The northeast region of China had a low-value clustering effect based on geographical characteristics. In contrast, the southern provinces of China had a high-value clustering effect based on the criteria of administrative regions. This study considered policy uncertainty when evaluating the economic effect on irrigated land when revealing spatial correlation in land value. We provide a theoretical and empirical basis for the formulation of cropped rice policies.

Suggested Citation

  • Yuqun Dong & Yaming Zhuang, 2024. "How does single- or double-cropped rice policy influence spatially irrigated land value in China?," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 70(6), pages 279-290.
  • Handle: RePEc:caa:jnlage:v:70:y:2024:i:6:id:49-2024-agricecon
    DOI: 10.17221/49/2024-AGRICECON
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    References listed on IDEAS

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    1. Nanyan Deng & Patricio Grassini & Haishun Yang & Jianliang Huang & Kenneth G. Cassman & Shaobing Peng, 2019. "Closing yield gaps for rice self-sufficiency in China," Nature Communications, Nature, vol. 10(1), pages 1-9, December.
    2. Mihail Zervos & Carlos Oliveira & Kate Duckworth, 2018. "An investment model with switching costs and the option to abandon," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 88(3), pages 417-443, December.
    3. Germán Forero-Cantor & Javier Ribal & Neus Sanjuán, 2020. "Measuring regional differences in food security from access and stability dimensions: A methodological proposal based on elasticities," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(3), pages 112-119.
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