Economic growth followed by urbanization and food supply modernization in developing countries would lead to substantial changes in food demand. Global agri-food systems are undergoing a rapid transformation towards high-value and high-quality products. China would be a good and important...

Starting from a representative welfare function, this paper developed a simple method to endogenously specify the weights for the Human Development Index (HDI), and finds that the current equal-weighted HDI significantly biases down the weight of life expectancy. The weights proposed by this...

This paper uses a payment card approach to reveal consumers' willingness to pay for green food in China. We first present a brief introduction of the payment card approach and introduce several methods to estimate the WTP with payment cards, which we subsequently use to estimate WTP values...

This paper investigates the linkages between farmers' machinery investment decision and off-farm employment in China. Both the theoretical model and the empirical results based on a survey of 453 households in Anhui Province indicate that agricultural labor input and small-size machinery...

Purpose: The purpose of this paper is to review the theoretical background, methodological extensions, and empirical applications of the Engel curve, which is applied to the research of the change in farmers’ welfare and food demand in China after the economic reform in 1978, compared with...

Purpose: In international trade differences in political and legal systems confront trading partners with relatively greater information asymmetry and contract enforcement problems than in domestic trade, resulting in higher transaction costs. Nevertheless, well-functioning institutions in the...