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The study revealed the strong impact of policy measures on production, procurement, stocks and trade. We detected several market distortions and mounting fiscal costs. Wheat and rice supply strongly and significantly respond to the minimum support price (MSP). Wholesale prices at planting or...
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This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low … one form or the other, these distortions have implied significant transfers from households to firms. If China is to …
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We revisit the environmental Kuznets curve (EKC) hypothesis using 1987-1995 data for Chinese provinces. A comparison of off-sample (1996-2004) predictions to actual emissions indicates that more stringent rules are still needed to fight industrial (waste water and dust) pollution. Auxiliary...
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