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This paper aims to examine the dynamics of land transactions, machine investments, and the demand for machine services using farm panel data from China. Recently, China’s agriculture has experienced a large expansion of machine rentals and machine services provided by specialized agents, which has contributed to mechanization of agricultural production. On the other hand, the empirical results show...
Numerous sources provide evidence of trends and patterns in average farm size and farmland distribution worldwide, but they often lack documentation, are in some cases out of date, and do not provide comprehensive global and comparative regional estimates. This article uses agricultural census data (provided at the country level in Web Appendix) to show that there are more than 570 million farms worldwide,...
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