Government intervention and agricultural performance in China
This study reassesses agricultural performance in China during the economy's transition from a centrally planned system to one increasingly reliant on the market mechanisms. The essence of economic reform was to reduce direct intervention by the government in the operation of the economy and to allow more decision-making autonomy to economic agents. But the process of reform is not yet complete. The Chinese economy today is neither a perfectly free market nor a stylized central planning...[Show more]
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