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affected the productivity and welfare of grain farmers in China at the regional level. We find that the price regulation that … growth in farmers. welfare. Although the price regulations resulted in short term improvement in welfare across all the …
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China's agricultural support policies are moving towards market institutions through a quasi‐market transition. Ten years of direct minimum purchase price procurement on agricultural commodities resulted in overcapacity, oversupply, mixed‐market signals and grey‐market imports. The...
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