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China's economy has undergone fundamental changes since 1978. Agriculture, industry and services are being transformed into market economies. Marketing and domestic trade have also been reformed to take into account regional comparative advantages. The government, however, still controls input...
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The policy preference function (PPF) approach has become popular with economists seeking to explain the origin of government policies. In this paper, a distinction between positive and normative work with the PPF concept is made. Positive work is shown to suffer from a variety of shortcomings...
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With the break-down of the socialist regime in East Germany in 1989/90 the collective farms had to be transformed or to be dissolved. At that time, it had been anticipated by (mostly West German) politicians and agricultural economists alike that collective farms would soon wither away and be...
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