Study on the Problems of Farmers’ Property Income Growth from the Perspective of Financial Management
Dehua Zhang
Abstract
Open-access reader
Dehua Zhang
Abstract
Open-access reader
Farmers' income insists of household operations income, wage income, property income and transfer income.National Central Document No.1 states that we should focus on promoting farmers' property income growth in order to increase farmers' income, so studying property income growth has a strong practical significance.The paper starts with the development situation of farmers' property income and comes to the conclusion that farmers' property income keeps fluctuating and rising trend, it is not the main income source and it is far lower than citizens' property income in urban areas.The paper discusses the problems of restricting farmers' property income growth, such as poor continuous increasing on land property, unreasonable land compensation mechanism, lower housing income and weak financial planning basis, then puts forward the following countermeasures and suggestions: promoting the innovation of rural land circulation mode, adjusting the compensation mechanism of land interest, exploring the incentive mechanism of homestead circulation and exit, developing specialized financial products of farmers.
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Farmers' income insists of household operations income, wage income, property income and transfer income.National Central Document No.1 states that we should focus on promoting farmers' property income growth in order to increase farmers' income, so studying property income growth has a strong practical significance.The paper starts with the development situation of farmers' property income and comes to the conclusion that farmers' property income keeps fluctuating and rising trend, it is not the main income source and it is far lower than citizens' property income in urban areas.The paper discusses the problems of restricting farmers' property income growth, such as poor continuous increasing on land property, unreasonable land compensation mechanism, lower housing income and weak financial planning basis, then puts forward the following countermeasures and suggestions: promoting the innovation of rural land circulation mode, adjusting the compensation mechanism of land interest, exploring the incentive mechanism of homestead circulation and exit, developing specialized financial products of farmers.
Key concepts: Unearned income, Comprehensive income, Passive income, Income in kind, Incentive, Order (exchange), Economics, Circulation (fluid dynamics)