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dc.contributor.authorSelim, Sheikhen
dc.date.accessioned2011-01-19-
dc.date.accessioned2012-11-02T14:29:28Z-
dc.date.available2012-11-02T14:29:28Z-
dc.date.issued2011-
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
dc.language.isoengen
dc.publisher|aCardiff University, Cardiff Business School |cCardiffen
dc.relation.ispartofseries|aCardiff Economics Working Papers |xE2011/2en
dc.subject.jelN55en
dc.subject.jelO13en
dc.subject.jelO53en
dc.subject.jelQ12en
dc.subject.ddc330en
dc.subject.keywordChinaen
dc.subject.keywordWelfareen
dc.subject.keywordTFPen
dc.subject.keywordAgricultureen
dc.subject.keywordGrain Productionen
dc.subject.stwAgrarreformen
dc.subject.stwAgrarproduktionen
dc.subject.stwAgrarpreisen
dc.subject.stwPreisaufsichten
dc.subject.stwWohlfahrtsanalyseen
dc.subject.stwChinaen
dc.titleThe impact of price regulations on regional welfare and agricultural productivity in China-
dc.typeWorking Paperen
dc.identifier.ppn644238186en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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