E-Books →Economics of Marketable Surplus Supply Theoretical and Empirical Analysis for China

This book is ambitious in both its scope and remit. Its primary focus is the behaviour of the marketable surplus element of farm households' grain supply since the beginning of the reform period.
The early chapters provide very valuable insights into the nature of the rural reform process; it then looks at the impact of the reforms on the structure of rural economy in general and farm households in particular. This part of the book is rich in statistics on the reform period.
In the analytical section the emphasis is on the difficult area of household modelling, covering both theoretical and empirical aspects. Despite the data limitations, which the authors acknowledge, these chapters provide very valuable analyses of the grain price changes. In particular, their use of models which capture the interdependencies between grain marketable surplus supply is a genuine contribution.
This book should be read by anyone with an interest in the rural reform process in China and will be of particular relevance to students, scholars and the policy community.