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- W2376547568 abstract "The agricultural economy of Changwu County has advanced rapidly over the past 30 years,while the area of agricultural land has declined at an amazing speed during the same period.In this study,an attempt was made to quantify the relationship between the amount of farmland and agricultural economy development in Changwu by establishing Vector Error Correction Model (VECM) and in combination with Impulse Response Function and Variance Decomposition.The results indicated that,a positive but slight effect of farmland reduction on agricultural development was identified.The average impulse response values were 0.4,0.8 and 1.6 for the periods of 1980—1990,1990—2000 and 2000—2010 respectively,and 0.8 for the entire 30 years.On the other hand,the effect of agricultural economy development on farmland amount was found negative,and tended to intensify with time.And the average impulse response values were-0.3,-0.9 and-2.8 respectively.The change of farmland resources did not seem to contribute significantly to the advancement of agricultural economy,with only a maximal 22% of the contribution from farmland change.While farmland decline was greatly influenced by agricultural development,and a peak 88.9% of total decrease in farmland was triggered by agricultural economy factor.Thus,it is urgent to find out other factors that could boost the local agricultural economy and preserve the limited farmland resource for the purpose of food security." @default.
- W2376547568 created "2016-06-24" @default.
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- W2376547568 date "2012-01-01" @default.
- W2376547568 modified "2023-09-23" @default.
- W2376547568 title "Econometric analysis of relationship between quantity of cultivated land and agricultural economy in Changwu County in past 30 years" @default.
- W2376547568 hasPublicationYear "2012" @default.
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