Suchergebnisse

This study examines the logical connection and articulation mechanism between rural human capital and rural revitalization from the perspective of farmers' professionalization. Utilizing panel data spanning 2011 to 2020, collected from 31 provinces in China, a comprehensive index framework for rural revitalization was constructed, and a fixed-effect model was used for empirical analysis. It is found that: firstly, rural human capital strongly drives rural revitalization, and the professionalization of farmers has a converging influence on rural revitalization as well as a favorable moderating influence on the convergence of rural human capital on rural revitalization. Secondly, the harmonized progress of urban and rural regions is a significant interface mechanism between rural human capital and rural revitalization. Therefore, to facilitate rural revitalization, the government should provide educational opportunities, make investments in rural human capital through policies, and emphasize the value of talents and industrial resources in integrating the urban and rural.

Andreoni and Sprenger (2012a,b) observe that utility functions are distinct for risk and time preferences, and show that their findings are consistent with a preference for certainty. We revisit this question in an enriched experimental setting in which subjects make intertemporal decisions under different risk conditions. The observed choice behavior supports a separation between risk attitude and intertemporal substitution rather than a preference for certainty. We further show that several models, including Epstein and Zin (1989); Chew and Epstein (1990); and Halevy (2008) exhibit such a separation and can account for the overall experimental findings. (JEL C91, D81, D91)