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Management Decentralization on China's State Farms
Author(s) -
Pang Chung Min,
De Boer A. John
Publication year - 1983
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1240453
Subject(s) - remuneration , decentralization , china , wage , state (computer science) , production (economics) , business , economic reform , economics , control (management) , economic policy , labour economics , livestock , agricultural economics , finance , market economy , macroeconomics , political science , management , algorithm , computer science , law , ecology , biology
Abstract Chinese economic reforms initiated in 1978 have changed certain management procedures in the state farm sector. Prior to these reforms, state farm management had little control over use of funds, production decisions, and wage setting. After the reforms, financial responsibility was instituted and new wage‐setting devices were implemented which feature closer linking of remuneration to state farm economic performance. The impact of these reforms is discussed for soybeans, sisal, livestock, and employment. While output appears to have responded to these reforms, bottlenecks have appeared, and existing irrationalities in price relationships have been accentuated.