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Journal of Integrative Agriculture  2023, Vol. 22 Issue (8): 2553-2566    DOI: 10.1016/j.jia.2023.04.016
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Asset specificity and farmers’ intergenerational succession willingness of apple management
ZHANG Qiang-qiang1, 2, GAO Xi-xi2, Nazir Muhammad ABDULLAHI2, WANG Yue2, HUO Xue-xi2#

1 China Center for Agricultural Policy, School of Advanced Agricultural Sciences, Peking University, Beijing 100871, P.R.China

College of Economics and Management, Northwest A&F University, Yangling 712100, P.R.China

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Abstract  Understanding the factors behind apple farmers’ willingness to pass on the management of their farms to their descendants is crucial to the continuity of apple production. Due to the high specificity of the human capital, physical assets, land assets, and geographical location in apple production, this study used a binary logistic regression and a mediating effect model to explore the impact of asset specificity on farmers’ intergenerational succession willingness of apple management (FISWAM) and to examine the mediating effects of loss aversion in the impact of asset specificity on the FISWAM. The results showed that about 18.68% of the respondents expressed willingness to transfer their apple business between generations, and the FISWAM was generally weak. In addition to the negative impact of geographical location specificity (GLS), human capital specificity (HCS), physical assets specificity (PAS), and land assets specificity (LAS) can enhance the FISWAM. Loss aversion plays a partial mediating role in the impact of PAS, LAS, and GLS on the FISWAM
Keywords:  asset specificity        loss aversion        apple management        intergenerational succession willingness        mediating effects examination  
Received: 22 December 2022   Accepted: 24 March 2023
Fund: This study was supported by the National Natural Science Foundation of China (71573211), the Humanities and Social Sciences Youth Foundation, Ministry of Education of China (22YJC790164), and the earmarked fund for China Agriculture Research System (CARS-28).
About author:  ZHANG Qiang-qiang, E-mail:,; #Correspondence HUO Xue-xi, E-mail:

Cite this article: 

ZHANG Qiang-qiang, GAO Xi-xi, Nazir Muhammad ABDULLAHI, WANG Yue, HUO Xue-xi. 2023. Asset specificity and farmers’ intergenerational succession willingness of apple management. Journal of Integrative Agriculture, 22(8): 2553-2566.

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