Analysis of the Effect of Cooperatives on Increasing Farmers’ Income from the Perspective of Industry Prosperity Based on the PSM Empirical Study in Shennongjia Region

Participation in agricultural cooperatives significantly boosts farmers' net income, according to a study conducted in Dajiuhu Town, Shennongjia, Hubei Province. Using the propensity score-matching (PSM) model and field survey data, researchers found that cooperative involvement enhances income levels while also being influenced by farmers' education level, household factors, production characteristics, and external environmental conditions. The study underscores the potential of cooperatives as a driver for rural industry prosperity and sustainable development, aligning with China's Rural Revitalization Strategy. Recommendations include promoting farmer participation, improving education, upgrading rural infrastructure, and fostering self-development to maximize cooperative benefits.

Wang, M., He, B., Zhang, J., & Jin, Y. (2021). Analysis of the Effect of Cooperatives on Increasing Farmers’ Income from the Perspective of Industry Prosperity Based on the PSM Empirical Study in Shennongjia Region. Sustainability, 13(23), 13172. https://doi.org/10.3390/su132313172