Incentive Effects of Price Rises and Payment-System Changes on Chinese Agricultural Productivity Growth
John McMillan, John Whalley, Zhu Li Jing
NBER Working Paper No. 2148
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.
Document Object Identifier (DOI): 10.3386/w2148
Published: Journal of Political Economy, vol. 97 (4), August 1989, pp. 781-807."The Impact of China's Economic Reforms on Agricultural Productivity Growth"
Users who downloaded this paper also downloaded* these: