Based on the hypothesis that tradeable marketing quotas may be analysed as an economic input in the production process of regulated firms, the standard capital asset pricing model is adapted to assess the impact of expectations of quota rents on Ontario fluid milk quota values. The analysis...

China's Township and Village Enterprises (TVEs) have performed remarkably well during the post-1979 period. However, agreement on their organizational and behavioral characteristics and the reasons for their success remains elusive. For some, TVEs are simply private enterprises in disguise and...

This article surveys the major rural policy changes that have occurred in China over the past two decades and analyses the results from national surveys to obtain a picture of the changes in rural labour allocation, income and poverty levels, and income inequality over the period 1991-2011. We...

China’s transition from a centrally planned to a market economy has substantially eroded governmental support for child care, raising the concern about how the change of child care provision may affect women’s labor market participation. This article examines the impact of child care...

We examine the contrast in the experience of ownership reforms between urban SOEs and rural TVEs using a panel of industrial enterprises in Nanjing municipality for the period from 1994 to 2001. Our objectives are twofold. First, we study how the reform program of “grasp the large and let go...

Economic reforms and trade liberalization have brought profound changes to the Chinese labor market. In this paper, we apply the technique of decomposing the coefficient of variation to examine the impact of changes in married women's employment and earnings on income inequality among Chinese...

In this paper we undertake a comparative study of productivity in the manufacturing sector for China and India using data from survey of manufacturing industries for the two countries. We find that productivity of manufacturing industries in China relative to that in India improved substantially...

The market of domestic services in China has grown rapidly since the country embarked on market transition in the late 1970s. Domestic workers for eldercare are in especially high demand as a result of the aging population and the changing family structure. This paper examines the relative pay...