Reforms, agricultural risks and agro-industrial diversification in rural China: Evidence from Chinese Provinces

Weiyong Yang ()
Additional contact information
Weiyong Yang: Centre d'Etudes et de Recherches sur le Développement International(CERDI)

No 200318, Working Papers from CERDI

Abstract: Since the implementation of the economic reforms in 1978, there is a remarkable diversification trend in rural China characterized by an impressive development of rural enterprises. The main objective of this paper is to understand the forces driving this agro-industrial diversification which has important impact on the employment, incomes and welfare of rural residents. A particular attention has been paid to two categories of factors, agricultural income risks and institutional factors such as the ownership evolution of rural enterprises. Using a panel data of 28 Chinese provinces from 1986 to 2001, we show that the diversification decision is jointly affected by relative return between agriculture and rural industry, climatic risks, price volatility of agriculture products, ownership evolution of rural enterprises marked by the dramatic rise of private enterprises, and government’s food security concern. A number of provincial structural variables, such as population density and education achievement of rural labour force, are also found to have significant effects on the agro-industry diversification in rural China.

Keywords: Institutions; Risks; Rural industry; Activity iversification; China (search for similar items in EconPapers)
Pages: 30
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://publi.cerdi.org/ed/2003/2003.18.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://publi.cerdi.org/ed/2003/2003.18.pdf [301 Moved Permanently]--> https://publi.cerdi.org/ed/2003/2003.18.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdi:wpaper:442

Access Statistics for this paper

More papers in Working Papers from CERDI Contact information at EDIRC.
Bibliographic data for series maintained by Vincent Mazenod ().