|
AgEcon Search >
University of Minnesota >
Economic Development Center >
Bulletins >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/12985
|
| Title: | SOURCES OF GROWTH AND SUPPLY RESPONSE: A CROSS-COMMODITY ANALYSIS OF CHINA'S GRAIN SECTOR |
| Authors: | Colby, Hunter
Diao, Xinshen
Somwaru, Agapi |
| Authors (Email): | Diao, Xinshen (xdiao@econ.ag.gov) |
| Keywords: | supply response
economic growth
productivity
China |
| JEL Codes: | Q11
O4
O47 |
| Issue Date: | 1999 |
| Series/Report no.: | Bulletin 99-2 |
| Abstract: | A growth accounting method is used to analyze the sources of growth in China's rice, wheat, corn and soybeans, the four most important crops in China's grain sector, during 1978-97. A large TFP contribution to growth in grain production is found in the period immediately following China's rural economic reform (1978-85). In recent years the growth rate of TFP falls sharply, contributing less than 20 percent of growth in grain production, as increased use of inputs became the major engine of growth. If the current government policy environment remains unchanged, China's grain production will become increasingly costly and constrain future growth and competitiveness in world grain markets. The supply response of the four grains is estimated using a multiproduct framework. The parametric approach shows a joint production system in China's grain sector and gross complementarity in the effect of a price change on the supply of outputs and demand for inputs. |
| URI: | http://purl.umn.edu/12985 |
| Institution/Association: | University of Minnesota>Economic Development Center>Bulletins |
| Total Pages: | 24 |
| Language: | English |
| Collections: | Bulletins
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
