The role of the state in making a national market: The evolution of the grain market in China (1978-2000)
AbstractPurpose – The paper aims to examine Karl Polanyi's view of market evolution in the context of the emergence of a national grain market in China's transition economy. Design/methodology/approach – The dataset used includes information about inter-provincial grain trade on China's grain market from November 1999 to October 2000. A priori blockmodelling method is used for hypothesis testing. Findings – This paper finds that a partially integrated national grain market had emerged at the beginning of the twenty-first century in China in spite of local protectionism. Additionally, the emergence of this market is found to be partly a result of the reform-oriented state's attempt to create national wholesale grain markets. Originality/value – The findings of the paper might have implications for market development in both China and other transition economies.
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Bibliographic InfoArticle provided by Emerald Group Publishing in its journal China Agricultural Economic Review.
Volume (Year): 2 (2010)
Issue (Month): 3 (September)
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Find related papers by JEL classification:
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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- Chen, Jing & Rozelle, Scott & Carter, Colin A., 1999. "Grain Price Stability And Farmer Decision Making In China," 1999 Annual meeting, August 8-11, Nashville, TN 21538, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Christopher Findlay, 1997. "Grain Sector Reform in China," Chinese Economies Research Centre (CERC) Working Papers 1997-01, University of Adelaide, Chinese Economies Research Centre.
- Anonymous, 1998. "Grain Market Reform in China: Global Implications," Technical Reports 113816, Australian Centre for International Agricultural Research.
- Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
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