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In the past twenty years the growth of China's economy and agriculture has been extraordinary. However it seems unlikely that, without substantial interventions, China will attain self-sufficiency in agriculture by 2005. We build a CGE model to examine the main trade policy options available to...
Persistent link: https://www.econbiz.de/10005513572
The effect of foreign ownership on trade policy outcomes has long been a topic of interest, but only recently have the consequences of multiple levels of production been considered. We examine processing incentives in a simplified general equilibrium framework with foreign ownership of a primary...
Persistent link: https://www.econbiz.de/10005468464
Under the terms of its accession to the WTO, China will likely commit to significant liberalization of its agricultural trade regimes. In this paper we consider how growing levels of urban unemployment, combined with a restrictive labor market policy, may alter the expected welfare effects of...
Persistent link: https://www.econbiz.de/10005468483