| In recent years,with the acceleration of the urbanization process,the number of rural migrant workers is increasing,leading to a large number of rural labor force outflow,urban and rural income gap is widening,and the problem of rural aging and hollowing is becoming more and more serious.Due to the lack of agricultural labor force,discarding farmland and other phenomena begin to appear in rural areas,which brings greater pressure to the agricultural land cultivation mode characterized by granular management.Small-scale farming makes agricultural production efficiency of farmers unable to be improved,and agricultural business income is always at a low level.Moreover,the farmers’ income source channel in rural areas is relatively single at present.The agricultural business income is one of the main income sources of farmers in the vast rural areas.The economic benefits brought by farming land gradually cannot meet the basic living needs of farmers.This not only affects the sense of acquisition and happiness in the reform process of our country,but also hinders the realization of agricultural modernization and common prosperity.Under the goal of common prosperity,in order to better share the results of rural reform and development,studying the impact of land ownership on agricultural business income can provide theoretical basis and empirical support for our realization of common prosperity.This paper firstly reviews the evolution history of the policy of agricultural land ownership,analyzes its implementation status and effects,and then analyzes the changes in the operational income of agriculture since the founding of New China.On the basis of introducing Marx’s theory of land property rights,the new institutional economics theory of property rights,transaction cost theory and farmer’s behavior theory,Secondly,this paper uses the data of Chinese household finance survey in 2013 and 2015,and on the basis of considering sample selection bias,uses the propensity score matching differential method to test the impact of agricultural land ownership on agricultural operating income.The mediating effects of agricultural land circulation agricultural productive investment and credit constraint were analyzed.The results show that land ownership can significantly improve farmers’ agricultural income.Agricultural land transfer has an intermediary effect between land ownership confirmation and agricultural operational income,which helps to improve farmers’ agricultural operational income.Agricultural land ownership can also improve the level of agricultural operational income by increasing agricultural productive investment.Agricultural land ownership can not affect agricultural operational income by reducing credit constraints,that is,the intermediary effect of credit constraints is not valid.According to the above conclusions,this paper puts forward the following policy suggestions:(1)respect the farmers’ subjective will;(2)Encourage investment in agriculture;(3)Standardize the market of agricultural land transfer;(4)Improve rural financial markets. |