Empirical Analysis On The Forestry Funds Investment Behavior Of Forestry Household In Southern Collective Forest Regions Of China

Forestry households have been the main bodies of forest managers in southern collective forest regions of China since "3-disition". So their management behavior plays an important influence in each aspect of forestry. Because the funds can be transformed into almost all factors of production, forestry households' forestry funds investment is the chief impetus of the forestry economy development nowadays. Therefore, the forestry funds investment behavior is the core content of the forestry households' investment behavior. It will directly influence the development speed, development direction and internal structure of forestry economy, still influence the woodland use pattern, the use and protect of the forest resources, and also directly influence peasants to increase income, the supply and demand of the village labor force etc. What's more, although the peasant economic behavior is one of the focus problems in the economics research at present, the research of the forestry households' funds investment behavior is less. For this reason, this problem is studied and analyzed in this paper, which is meaningful both in realistic aspect and theoretic aspect.This paper is based on the assumption that a forestry household is a "reasonable man", and is established in the characteristics of the forest and the actual circumstance of southern collective forest regions of China. In this paper a study is carried on through normal analytical method of economics. Firstly, the agricultural household economic behavior theories and the research results of the agricultural investment theories of the household are reviewed, which provides theoretic foundation for this analysis. Then, the latent impact factor of the forestry funds investment behavior of the forestry household in the southern collective forest area are expatiated and analyzed. Following, on the base of the qualitative theory analysis, adopt questionnaire data gained by sorting 415 the forestry households as samples investigated and use the SPSS analysis software to set up Multiple Linear Regression Model to carry on quantitative analysis towards the factors which influence the forestry funds investment behavior of the forestry households in southern collective forest regions of China in order to see whether these factors come into being and the degree of each factor effect respectively. In the empirical analysis, the paper takes the forestry households who manage the three kinds of forests as main objects, carries on research of the different forestry households' funds investment respectively and then carries on contrast analysis. At last, according to the result of the theoretical analysis and empirical analysis, with the target carrying out biggest social welfare, with the instruction of exterior theories and collective choice behavior theories, homologous policy suggestions are put forward. Results of the research are shown as follows.(1)Theoreticaliy, the factors which can influence the forestry costs, revenues and the inside and exterior restriction may work on the forestry households' forestry funds investment behavior. These factors mostly can be divided into these types as follows: land-species, woodland condition, woodland scale, forestry management system, the forestry households' family characteristic, market condition and so on.(2)The results of empirical model show: the forestry households' forest funds investment behavior of the management of timber forest, by-product forest, bamboo forest are influenced by various factors respectively. According to the degree of importance, the factors which influence the forestry households' forest funds investment behavior as follow: the factors influencing the timber forest households' funds investment behavior are the year-income of managing forest, the acreage of the timber forest, the days they spend in managing the forest, whether there is immature forest or not and the acreage they manage other kinds of forest; the factors influencing the forestry households' by-product forest funds investment behavior are the year-income of the economic forest, the acreage of the by-product forest, the days they spend in managing the forest and the family income besides from forestry; the factors influencing the bamboo forest households' funds investment behavior are the acreage of the bamboo forest, the average distance the bamboo land far away from highway, the year-income they manage the bamboo forest and the pieces of the bamboo land they manage.(3) All other determinants held constant (ceteris paribus), when forestry households manage the timber forest, a 1 RMB Yuan in the income from it increase will lead to a 1.071 RMB Yuan increase in timber forest investment accordingly; a 1 Chinese acre increase in woodland's area will lead to a 73.638 RMB Yuan increase in investment of that; a 1 day increase in forest workdays from the household per year will lead to a 45.845 RMB Yuan increase in investment; forestry households who have immature forest will averagely spend 36140.000 RMB Yuan more than those who only get the mature forest do; a 1 Chinese acre increase in the woodland area of other kinds of forest will lead to a 384.028 RMB Yuan decrease in investment of the timber forest.(4) Ceteris paribus, when forestry households manage the by-product forest, the year-income from the forest averagely increases a RMB Yuan, and the households will increase the funds 1.028 RMB Yuan; with the area extends 1 Chinese acre and the quantity of funds the households spend on the by-product forest will increase 77.671 RMB Yuan; family income outside the forest increases a RMB Yuan and the quantity of funds the households spend on the by-product forest will increase 0.277 RMB Yuan.(5) Ceteris paribus, when forestry households manage the bamboo forest, a 1 Chinese acre increase in woodland area under management will lead to a 136.415 RMB Yuan increase in the funds spent on the bamboo forest; a 1km increases in the average distance each bamboo land is far away from the highway will lead to a 663.567 RMB Yuan increase in investment; a 1 piece increase in the bamboo land will lead to a 1228.333RMB Yuan decrease in investment; a 1 RMB Yuan increase in the year-income of managing the bamboo forest will lead to a 0.159 RMB Yuan increase in funds put in the bamboo forest.