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In this study we investigated informal transactions amongst Chinese farmers through the lens of social interactions. Along these lines we developed a theoretical model to investigate kindness and the conditions under which a fairness equilibrium in informal credit markets might operate. We use...
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China frequently suffers from weather related natural disasters and is a source of wide-spread systemic risk throughout large swaths of China. During these periods farmers crops are at risk and for a largely poor population few can afford the turmoil to livelihoods that goes along with drought....
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Land Use Rights (LURs) in China affect farmers' productivity through investment incentives and the way land is allocated across households. LURs have implication and trade-offs between equity and growth. This paper examines how Chinese farmers might respond if the Chinese government made it...
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