An application of adverse selection: rural agricultural production in China since the 1950s

Ya-Ming Liu

Applied Economics Letters, 2004, vol. 11, issue 14, 915-917

Abstract: Asymmetric information problems in collective rural agricultural production in China after 1955 is examined by applying the theory of adverse selection. This application shows the movement of equilibrium stages from a pooling contract to a separating one can explain the process of rural reform in China from the collective institution arrangement to the household responsibility system.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

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:taf:apeclt:v:11:y:2004:i:14:p:915-917

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/1350485042000282213

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().