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dc.contributor.authorSelim, Sheikhen_US
dc.date.accessioned2011-01-19en_US
dc.date.accessioned2012-11-02T14:29:28Z-
dc.date.available2012-11-02T14:29:28Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/65813-
dc.description.abstractThe nineties' agricultural reform in China that was aimed at deregulating the agricultural market eventually resulted in a huge drop in agricultural production and a high rate of inflation in agricultural prices; this apparently motivated the government to take over the control of agricultural prices in 1998. We examine how and to what extent this reform affected the productivity and welfare of grain farmers in China at the regional level. We find that the price regulation that destroyed the incentive to exert more effort adversely affected the growth in agricultural productivity but contributed to the growth in farmers. welfare. Although the price regulations resulted in short term improvement in welfare across all the regions, for the long run such regulations can result in larger drop in agricultural production because of its negative impact on incentives to produce more.en_US
dc.language.isoengen_US
dc.publisherCardiff University, Cardiff Business School Cardiffen_US
dc.relation.ispartofseriesCardiff Economics Working Papers E2011/2en_US
dc.subject.jelN55en_US
dc.subject.jelO13en_US
dc.subject.jelO53en_US
dc.subject.jelQ12en_US
dc.subject.ddc330en_US
dc.subject.keywordChinaen_US
dc.subject.keywordWelfareen_US
dc.subject.keywordTFPen_US
dc.subject.keywordAgricultureen_US
dc.subject.keywordGrain Productionen_US
dc.subject.stwAgrarreformen_US
dc.subject.stwAgrarproduktionen_US
dc.subject.stwAgrarpreisen_US
dc.subject.stwPreisaufsichten_US
dc.subject.stwWohlfahrtsanalyseen_US
dc.subject.stwChinaen_US
dc.titleThe impact of price regulations on regional welfare and agricultural productivity in Chinaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn644238186en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Cardiff Economics Working Papers, Cardiff Business School, Cardiff University

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