Can Land Transfer Promote Agricultural Green Transformation? The Empirical Evidence from China

As an important means of farmland policy, whether land transfer can promote agricultural green transformation is worthy of further study; however, related research is relatively rare. Based on the inter-provincial panel data from 2005 to 2020, this paper examines the influence of land transfer on agricultural green transformation and its underlying mechanism by using a two-way fixed effect model and an intermediary effect model. This study reveals significant findings as follows: (1) Land transfer substantially promotes agricultural green transformation. (2) Energy consumption is a major contributor to the growth of agricultural carbon emissions; however, land transfer can mitigate this by reducing energy consumption. (3) Land transfer can promote agricultural green transformation by fostering agricultural technology progress. (4) Further analysis reveals that land transfer in economically developed areas and the southeastern side of the "Hu-Huanyong Line" significantly enhances agricultural green transformation. Based on these findings, this paper suggests promoting land transfer while considering regional differences. Additionally, attention should be directed towards reducing energy consumption and encouraging agricultural technology's progress.