Economics Analysis Of Land Consolidation Project

To the point of case study of land consolidation projects, by means of economics,public finance and other theoretical tools, combined with the empirical specification,case study and investigation, this paper made a systematic description and analysis on land consolidation project.This paper is divided into four parts:the first part is the general analysis of land consolidation project(chapter1,chapter 2 and chapter 3), which including summarize the research progress of land consolidation and make policy analysis of land consolidation; the second part is the micro analysis of land consolidation and its projects(chapter 4), which including the contribution and the involution pattern of land consolidation; the third part is the case study of land consolidation project(chapter5,chapter6,chapter7,chapter8), which mainly use the land consolidation case to make deep analysis on land consolidation project input,output,right adjustment and engineering management; the four part is the conclusion(chapter 9), which summarized the paper from study conclusion and prospects of the paper.The paper made the following conclusion through analysis:First, policy analysis shows that china has already established a relatively complete system of land consolidation policy. With the commencement of land consolidation practice, china has gradually formed a land consolidation policy system, which takes the balance of construction land and compensation of the arable land as the goal, based on project management, coordinates project finance security system,indicators of agricultural land consolidation offsetting incentives and constraints land arrangement right policies.Second, the data analysis showed that the land consolidation policy goal achieves a higher degree and policy performance is significant. The land consolidation from 1999 to 2008 not only complemented the arable land occupied by construction but also complemented the arable land which was destroyed; contribution based on the increase of arable land is great. The rate of national land consolidation contribution of grain reach 2.29%, that is to say land consolidation and reclamation in 2008 increase equivalent 1210.27 tons of grain. Third, through the study we found that the main body of land consolidation in china are land consolidation project that arranged and checked by levels of land and resources. After more than ten years rapid development, land consolidation in china achieved two important changes:fist, the focus of land regulation has been fully transferred from land development projects to land consolidation projects, and land regulation projects pursue from increasing farmland and cultivated land to improving agriculture production capacity; second, land consolidation projects more and more focus on national projects from lower-level projects. Economic reason of national project present strong expansion trend in land consolidation is not only for its significant size advantages(the average size is 7 times of provincial projects,20 times of municipal projects and 26 times of county projects), but also because it has significant efficiency advantages. Unit investment intensity of land consolidation regulation area present enhance in turn from the national projects,provincial projects,municipal projects and county projects, while the land consolidation project unit investment returns present descending trend in turn.Fourth, the case study results showed that although multi-channel investment are called for, land consolidation project all come from central investment and local investment in new construction land compensation fee and net proceeds of land transfer. The general laws of land consolidation project funding motion are:(1) the planned use of land consolidation project fund is strong, central investment is in the dominant position. The actual number of central investment equivalent to 100% of the budget number, the actual local investment number equivalent to 100.05% of the budget number. See from Classification, national projects investment all come from central government; central investment occupied 37.25% in provincial projects total investment, local investment occupied 63.75% of total investment. (2) The operation of land consolidation funds is healthy. Compare to the actual number of land consolidation project fund and its budget number was almost identical, the actual number of land consolidation fund use and its budget number were slightly different. First, the proportion of the actual fee of preparatory work and preparatory project costs account for the actual project use funds is generally higher than the proportion of budget. The proportion of actual completion and acceptance fees and the actual management fees and unforeseen expenses account for the actual number of funds are generally lower than the proportion of the budget. Second, relative to the provincial projects, central land consolidation project funds more focus on project construction. In the non-construction expenses, the fee of national project completion and acceptance is actually relatively high, the preliminary work and management fees and unforeseen expenses are relatively low. (3)project construction cost is the main body of land consolidation fund investment, unit volume of investment in each project are greatly different; the amount of land consolidation in the status of category structure directly determines the amount of unit work investment. (4)in the amount of use on the project, national projects more focus on irrigation, while provincial projects are more focus on land leveling,field roads,other aspects of engineering and town organizing.Fifth, the analysis result showed that Land consolidation project investment benefit is significant. (1) With the increase of agricultural land, cultivated land has increased significantly, and overall the increase rate of cultivated area (52.94%) was higher than the increase rate of agricultural land (38.76%). almost all arable land was designated as basic farmland through land consolidation, which also laid the foundation for protection of cultivated land. (2) Land consolidation significantly improved the agricultural production conditions. Land consolidation significantly improved conditions for agricultural irrigation and mechanized farming conditions. The proportion of irrigated area account for cultivated area rose from 62.06% to 96.95%; the proportion of plowing area account for cultivated land area rose from 78.76% up to 95.9%. Meanwhile, land consolidation has also improved the environmental conditions of agricultural production; shelterbelt area increased 159.18%, the vegetation coverage rate increased by 34.6 percentage points. Due to the improvement of agricultural production conditions, the grain yield increase significantly, the increase range is 26.51%. (3) The economic benefits of land consolidation project investment are significant. The average static investment returns of land consolidation projects is 32.9%; the average static investment recovery period is 3.04 years.Sixth, the analysis showed that there is a system of potential conflict exists between the "Rural Land Contract Law" rigid constraints on land readjustment and land consolidation on the demand for land ownership adjustment; it is significant for land consolidation's healthy development to seek synergy between them. Case study also showed that the ownership adjustment process and the adjustment principle are similar; they all follow the uniform policy. However, because the difference of land type,the original ownership status and level of economic development, the adjust content,fashion and technique methods of the different ownership of the project area are in different ways. Meanwhile, carry out specific main body of management and protection,establish perfect final land consolidation management and protection system,develop various channels to raise maintenance funds are effective way to the smooth implementation of final land consolidation management and protection. the future trend of land consolidation development will be to carry out both construction and management, it has important practical significance to establish late land consolidation management and protection system.Seventh, normative analysis showed that although land consolidation goal has achieved higher degree, policy performance significantly, however, as the number of cultivated land is still rigid constraints, the implementation intensity of land consolidation policies and cultivated land protection policies should be continue to improve. Besides, at present, land consolidation fund sources is still limited in the context of "taken from land, use for land", but our country has come into the stage of "industry promotes agriculture, urban area elevates rural area", to adapt the new stage requirements, opening up a meaningful fund source of "industry promotes agriculture, urban area elevates rural area" is the important future policy option.