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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...
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This paper uses both cross-sectional and panel data on Chinese provinces over the reform period 1978-1998 to examine the pattern of China’s regional economic growth on the basis of a theoretical model on convergence. We find a tendency to converge in terms of real GDP per capita both...
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