1 option
The Institutional Causes of China's Great Famine, 1959-61 / Xin Meng, Nancy Qian, Pierre Yared.
- Format:
- Book
- Author/Creator:
- Meng, Xin.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w16361.
- NBER working paper series no. w16361
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2010.
- Summary:
- This paper investigates the institutional causes of China's Great Famine. It presents two empirical findings: 1) in 1959, when the famine began, food production was almost three times more than population subsistence needs; and 2) regions with higher per capita food production that year suffered higher famine mortality rates, a surprising reversal of a typically negative correlation. A simple model based on historical institutional details shows that these patterns are consistent with the policy outcomes in a centrally planned economy in which the government is unable to easily collect and respond to new information in the presence of an aggregate shock to production.
- Notes:
- Print version record
- September 2010.
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