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                                 How Does the Reform of Rural Collective Property

                                          Rights Affect Farmers’ Well-being?


                           ——An Empirical Analysis Based on the Survey Data of China’s Rural Revitalization

                                             LIU Zeqi,CHEN Haijiang,CHEN Yadong

                       Abstract   Based on the data of China’s Rural Revitalization Survey database in 2019,this paper
                  empirically  examines  the  impact  of  the  reform  of  rural  collective  property  rights  system  on  rural  resi⁃
                  dents’ well-being and its underlying mechanisms,and uses Oaxaca-Blinder decomposition method to ex⁃
                  plore the factors influencing the difference in well-being  between villagers who have not completed the
                  reform and those who have completed the reform,as well as the degree of influence of each factor.The re⁃
                  sults show that the Reform of Rural Collective Property Rights has significantly improved the well-being
                  of rural residents.The mechanism analysis shows that the Reform of Rural Collective Property Rights
                  can  improve  the  well-being  of  rural  residents  by  strengthening  the  development  of  village  collective
                  economy and reducing the number of family members going out to work.Further heterogeneity analysis
                  shows that the reform has a more significant effect on the well-being of low - and middle-income house⁃
                  holds that used to be documented as poor.In combination with the results of Oaxaca-Blinder decomposi⁃
                  tion and the policy intervention in the process of rural collective property system reform,enhancing farm⁃
                  ers’ trust in village cadres and improving the supply of public security goods are important reasons for re⁃
                  ducing the difference between the two groups of villagers’ well-being.The research findings of this paper
                  provide not only evaluation of the effect of the Reform of Rural Collective Property Rights on the whole,
                  but also more targeted guidance for further promoting the rural collective property system reform.
                       Key words   reform of rural collective property rights system; rural residents; well-being; oaxaca-

                  blinder decomposition

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