Ghatak, S.; Seale, J. - In: Journal of Development Studies 37 (2001) 5, pp. 141-150
The main objective of this paper is to model the production and supply response in Chinese agriculture, which includes not only the standard arguments like expected prices but also risk. We extend Lin's work [1991, 1992] by modelling supply response as a three-equation model. We fit our model to...