Using a survey data of 700 traders, this study scrutinizes contract choices and enforcement for agricultural traders in China. This study finds that market service and environment are very important for both contract choices and enforcement. Better market service and environment can increase the...

In the past China has been self-sufficient in beef products, but, with a dramatic increase in consumer spending on food, demand for beef, which is seen as a novel and nutritious food, has grown. By employing a partial equilibrium model and sensitivity analysis under different scenarios, this...

We use Sperber's intermediairies and the firm theory to analyze the rural socialized service organizations. By studying the case of the melon association in Beihe Village of Uqiao Township in Beijing, we find that the basic existing objective of this association is to save transaction cost. The...