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This paper investigates the factor markets, namely, the land, labor, and credit markets in China's rural areas after …
Persistent link: https://www.econbiz.de/10013437901
A model of household optimizing behaviour in a household farm and a cooperative farm is presented in this paper. It is found that a household will supply more effort in the household farm than in the cooperative farm, and, as a consequence, the total output produced by the household farming...
Persistent link: https://www.econbiz.de/10013437902