Analyzing the Economic Viability of the Shared Farming Model

Innovative agricultural models have emerged in recent decades, with the shared farming model gaining prominence for its cooperative approach to resource sharing and mutual benefits among stakeholders. This research focuses on conducting an empirical investigation of the shared farming model involving farmers in the context of sustainable agricultural development. It investigates farmers' experiences with the shared farming model as well as the shared farming model's economic viability. The study was conducted in the Shanghai region, involving 40 participants who were sampled purposely. Findings revealed that shared farming has the potential to promote farmers' income, with most respondents reporting satisfaction with the economic returns. Resource access, risk-sharing, and market expansion were recognized as major drivers of this success. Challenges, including resource allocation disputes, are acknowledged, highlighting the need for structured agreements and conflict resolution mechanisms. This research highlights the economic potential of shared farming models, suggesting that they offer an avenue for promoting agricultural sustainability and rural development.