GRAIN PRICE STABILITY AND FARMER DECISION MAKING IN CHINA

Jing Chen, Scott Rozelle and Colin Carter

No 21538, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: In this paper we find that real grain prices in China have displayed increased volatility in the past decade. This is true for rice, wheat, corn, and for most of provinces. Farmers in China are found to be risk averse because when they make acreage allocation decisions. Given the widespread access to land in China, farmers mostly respond negatively in their sown area decisions towards price risk. The large price variations from 1984-1995 may have contributed to the slowdown in agricultural output growth from 1984-1995.

Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 14
Date: 1999
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21538

DOI: 10.22004/ag.econ.21538

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