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Incentive Effects of Price Rises and Payment-System Changes on Chinese Agricultural Productivity Growth / John McMillan, John Whalley, Zhu Li Jing.
- Format:
- Book
- Author/Creator:
- McMillan, John.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w2148.
- NBER working paper series no. w2148
- Language:
- English
- Subjects (All):
- Agricultural laborers.
- Agricultural productivity.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1987.
- Cambridge, Mass. : National Bureau of Economic Research, 1987.
- Summary:
- This paper analyzes the relative importance of the major factors underlying the post-1978 increase in China's agricultural productivity. We present a method for assessing the role of price increases and strengthened individual incentives due to the introduction of the responsibility system. Data on pre- and post-1978 Chinese agricultural performance are used to calculate incentive indices, giving the fraction of their marginal product that peasants received under the pre-1978 regime.
- Notes:
- Print version record
- February 1987.
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