The Objective Basis of Differential Prices of Commodities and the Basis Of Enacting Differential Prices Under the Socialist System

Chao Li-k'uan and Hsiang Ching-ch'uan

Chinese Economy, 1969, vol. 3, issue 2, 119-145

Abstract: The comparative price and differential price of a commodity are the components of a commodity price system. The price relationship among different commodities forms the comparative price of a commodity; the price discrepancies of the same kind of commodity during various phases of production and circulation form the differential price of a commodity. We offer, in this article, our shallow view on the problem of the differentialprice of a commodity.

Date: 1969
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