Economics at your fingertips  

Agricultural reforms and production in China: Changes in provincial production function and productivity in 1978–2015

Binlei Gong ()

Journal of Development Economics, 2018, vol. 132, issue C, 18-31

Abstract: A series of fundamental and market-oriented reforms since 1978 have dramatically reshaped China's agricultural sector, which had been sluggish during the socialist period. Besides productivity growth and efficiency changes, the shape of the production function may also transform rapidly over time. Moreover, the four segments in agriculture (farming, forestry, animal husbandry, and fisheries) have different production processes and techniques, so the aggregated production function of agriculture may vary across provinces. Compared with existing studies, which usually assume a fixed production function, this paper allows a varying coefficient production function that can better capture the structure change in the six reform periods over the past four decades. The empirical results show that the labor elasticity is decreasing, the fertilizer and machinery elasticities are increasing, and the land elasticity has a U-shaped curve across time. Moreover, technology and inputs are leading the growth alternatively in different reform periods.

Keywords: Stochastic frontier analysis; Semi-varying coefficient model; China's agricultural production and productivity; Rural reforms; Multi-segment industry (search for similar items in EconPapers)
JEL-codes: D24 Q18 O4 C5 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

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:

Access Statistics for this article

Journal of Development Economics is currently edited by M. R. Rosenzweig

More articles in Journal of Development Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-08-31
Handle: RePEc:eee:deveco:v:132:y:2018:i:c:p:18-31