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Institutional effects on changes in Chinese foodgrain production and its variability
Author(s) -
Wan Guang H.
Publication year - 1992
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/j.1574-0862.1992.tb00181.x
Subject(s) - production (economics) , procurement , china , variance (accounting) , economics , chinese agriculture , agriculture , agricultural productivity , decomposition , variance decomposition of forecast errors , agricultural economics , industrial organization , econometrics , macroeconomics , political science , accounting , geography , ecology , management , archaeology , biology , law
Abstract By applying variance decomposition technique to the regional data from China, this paper discusses possible impact on Chinese foodgrain production and its variations created by institutional changes, including imposition of procurement quota and the introduction of the agricultural production responsibility system (APRS). Despite the imperfection of the analytical tool used, the results are quite useful and imformative.