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The Role of Institutional Policies in Promoting Agribusiness Development in Rural China

Author

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  • Owusu Samuel Mensah
  • Zhuang Jincai
  • Asare Bediako Isaac
  • Acheampong Patrick

Abstract

Sustainable agricultural growth has become an area of interest for many researchers in the quest to increase food production in the midst of an escalating population. However, the evidence remains largely scanty, isolated and devoid of an in-depth analysis of how some economic policies promote agribusiness development in mainland China. Using time series data from 1990 to 2013, this paper adopts semi-parametric quantile regression to study the complex relationship between institutional policies in rural areas and agribusiness development. The study revealed the role of family household in promoting agribusiness development at the higher quantiles of the distribution. Moreover, government investment in rural health and education contributed significantly across the quantile distribution. The impact of research and development on agribusiness development is positively significant across the quantile points of the distribution within the study period. The result from the quantile graph clearly shows the disparities between OLS and quantile regression coefficients.

Suggested Citation

  • Owusu Samuel Mensah & Zhuang Jincai & Asare Bediako Isaac & Acheampong Patrick, 2017. "The Role of Institutional Policies in Promoting Agribusiness Development in Rural China," Agriculture and Food Sciences Research, Asian Online Journal Publishing Group, vol. 4(2), pages 37-44.
    • Handle: RePEc:aoj:agafsr:v:4:y:2017:i:2:p:37-44:id:154
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    Cited by:

    1. Luong Tinh & Phan Tran Minh Hung & Doan Gia Dzung & Vo Hoang Diem Trinh, 2019. "Determinants of farmers intention` of applying new technology in production: The case of VietGAP standard adoption in Vietnam," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 9(2), pages 164-148, December.
    2. Pankaj Dixit & Ramyar Rzgar Ahmed & Arvind Kumar Yadav & R. C. Lal, 2019. "Diversification of economy - an insight into inclusive growth & food security with special reference to Pakistan`s agriculture econom," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 9(1), pages 82-98, June.
    3. Albert Ukaro Ofuoku, 2020. "Cohesiveness of farmers` groups in Delta State Nigeria: Its implication for agricultural development," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(1), pages 39-46, June.
    4. Dimitra G. Papadopoulou & Afroditi Papadaki-Klavdianou & Anastasios Michailidis & Maria Partalidou, 2019. "The level of job satisfaction of young farmers subsidized by European rural measures: evidence from Northern Greece," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 9(2), pages 147-163, December.
    5. Ali Raza, 2019. "Credit demand among small farmers: a district level approach, Pakistan," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 9(1), pages 47-61, June.

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