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ID092543
Title ProperEconomic structural changes and rural income
Other Title Informationevidence from Chinese provinces during the reform period
LanguageENG
AuthorYang, Weiyong
Publication2009.
Summary / Abstract (Note)During the reform period, the Chinese rural economy has experienced deep structural changes: cropping adjustment, agro-forestry adjustment and agro-industrial adjustment. At the same time, rural per capita income rose sharply despite some fluctuations. Using a panel data of 29 provinces from 1982 to 2001, effects of these structural changes upon both income level and income instability are assessed. The empirical results show that crop adjustment and agro-industrial adjustment can increase rural income and reduce income instability, while agro-forestry adjustment reduces both income and its instability, as a risk-management strategy.
`In' analytical NoteChina Economic Review Vol. 20, No. 4; Dec 2009: p.742-753
Journal SourceChina Economic Review Vol. 20, No. 4; Dec 2009: p.742-753
Key WordsActivity Adjustments ;  Income ;  Income Instability ;  Risk Behavior ;  China