Empirical Analysis on the Influencing Factors of Hebei Farmers' Non-agricultural Income

Based on the statistics data of Hebei Province from1997 to 2011,analysis of the status quo and development trends on Hebei farmers' non-agricultural income is conducted using the principal components regression model.The regression analysis results show that the level of urbanization,the proportion of non-agricultural GDP and rural labor force engaged in non-agricultural industries have positive impact on non-agricultural income of farmers,meanwhile,the arable land per capita and the coefficient of labor burden on farmers have the negative impact on non-agricultural income.Through further detailed analysis of these factors,it is be found that the low level of urbanization,disability of the surplus labor transfer,and the lag development of tertiary industry are three main influencing factors.Some policy recommendations are suggested to promote the increase of Hebei farmers' non-agricultural income,such as to speed up the process of urbanization,to develop the tertiary industry and improve the quality of famers.