Analysis of Regional Differences in Livelihood Assets of Farmland Rental Households Using Monte Carlo Simulation

Given the uncertain future living of peasant households when they rent out farmland, the situation of livelihood assets is important for keeping sustainable livelihood. In this paper, the livelihood assets indicators were selected based on DFID’s sustainable livelihoods framework, and Monte Carlo method was adopted to establish the assessment model. The empirical study of peasant households surveyed in three provinces of China was done. Results showed that the peasant households who rent out farmland were different in possession of the livelihood assets. The peasant households in Zhejiang had a greater probability to possess more livelihood assets than those in Guizhou and Shandong. The peasant households in Shandong had the smaller probability to possess more livelihood assets than those in Guizhou. I argue that the diversiform livelihood strategies should be created considering the features of livelihood assets.