Effectiveness of Unleashing the Value of Ecological Products for Sustained Income Growth Among Farmers: Evidence from China

Development inequities and environmental pressures are both growing globally. We must actively investigate green development strategies to address the problems of development inequality. First, using RIF regression, we find that releasing the value of ecological products has a considerable beneficial influence on farmers' income. We also utilised quantile regression to find that the effect of income rise was stronger for low-income earners than for high-income earners, confirming the conclusion that the gap might be narrowed. Then, using regressions of moderating effects, we investigate how we can sustain this efficacy and discover that social capital, collective action, and institutional provision can play key positive moderating roles. Finally, we employ heterogeneity analysis to find that the longer the time period, the more effective the income growth, with the northeastern region seeing poor income gains due to intensive industrial development patterns. The findings offer policy suggestions for developing countries to alleviate development inequities.