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The Impact of China's Economic Reforms on Agricultural Productivity Growth
Abstract
This paper presents a method for assessing the relative importance of price increases and strengthened individual incentives due to the introduction of the responsibility system for the post-1978 increase in China's agricultural productivity. Data on post-1978 Chinese agricultural performance suggest that a little over three-quarters of the measured productivity increase is due to payment system changes and the remainder to price increases. We also use our method to calculate incentive indices, giving an estimate of the fraction of their marginal product that peasants received under the pre-1978 regime.
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Citations
Cites
Technical Change and the Aggregate Production Function
Solow, R. M. (1957) · The Review of Economics and Statistics · doi:10.2307/1926047 · Cited by 12,259
Cited by
The Provision of Incentives in Firms
Prendergast, C. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.1.7 · Cited by 3,338
Understanding China's Growth: Past, Present, and Future
Zhu, X. (2012) · Journal of Economic Perspectives · doi:10.1257/jep.26.4.103 · Cited by 586
Chapter 42 Power, distortions, revolt and reform in agricultural land relations
Binswanger, H. P., Deininger, K., & Feder, G. (1995) · Handbook of Development Economics · doi:10.1016/s1573-4471(95)30019-8 · Cited by 294
Research, productivity, and output growth in Chinese agriculture
Fan, S., & Pardey, P. G. (1997) · Journal of Development Economics · doi:10.1016/s0304-3878(97)00005-9 · Cited by 243
Food insecurity, income inequality, and the changing comparative advantage in world agriculture
Otsuka, K. (2013) · Agricultural Economics · doi:10.1111/agec.12046 · Cited by 175
Metadata
- Authors
- McMillan, J., Whalley, J., & Zhu, L.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1989-08
- Volume
- 97
- Issue
- 4
- Pages
- 781-807
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2004821509
- Cited by
- 643
- References
- 1
- FWCI
- 67.91
- Type
- journal article
- Language
- en
- Open access
- closed
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- McMillan, J., Whalley, J., & Zhu, L. (1989). The Impact of China's Economic Reforms on Agricultural Productivity Growth. Journal of Political Economy. https://doi.org/10.1086/261628
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
