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MARKET REFORMS VERSUS STRUCTURAL REFORMS IN RURAL CHINA

Colin Carter and Andrew J. Estrin

No 11965, Working Papers from University of California, Davis, Department of Agricultural and Resource Economics

Abstract: This paper adds to the debate on the impact of market reforms versus structural reforms in explaining agricultural output growth in China. A multiple-output stochastic frontier and a technical inefficiency equation are estimated using provincial data on the rural economy from 1986 to 1995. Grain self-sufficiency policies and incomplete market reforms in the 1980s and 1990s led to allocative inefficiency. Agricultural disinvestment shrunk the production frontier and the fragmentation of land holdings reduced technical efficiency. China's rural economic reform is far from being complete.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 29
Date: 2001
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Citations: View citations in EconPapers (23)

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Journal Article: Market Reforms Versus Structural Reforms in Rural China (2001) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ucdavw:11965

DOI: 10.22004/ag.econ.11965

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