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To get the prices right for food: a “Gerschenkron state” versus the market in reforming China, 1979–2006

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  • Du, Jane
  • Deng, Kent

Abstract

This article provides an empirical assessment of China’s state price policies and strategies in relation to (1) market-rebuilding for the agricultural sector and (2) food security for China.1 It traces main changes in government grain pricing, urban food subsidies, grain procurement and the administrative control over food circulation from 1979 to 2006 in a bid to transfer a non-market economy to a market one, commonly known as the post-Mao reforms.

Suggested Citation

  • Du, Jane & Deng, Kent, 2016. "To get the prices right for food: a “Gerschenkron state” versus the market in reforming China, 1979–2006," LSE Research Online Documents on Economics 65369, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:65369
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    File URL: http://eprints.lse.ac.uk/65369/
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    More about this item

    Keywords

    market reforms; food prices; food security; food policies;
    All these keywords.

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N45 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Asia including Middle East
    • N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P22 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Prices
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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