The Relative Decline of Agriculture in China
This paper attempts to determine the impacts of three major factors: (a) price changes, (b) factor endowment changes, and (c) technological change on the relative decline of agriculture in China. However, the results suggest that only the price ratio has significant and positive impact on agriculture’s GDP share in China. Nevertheless, the variable of the price ratio explains the model well with about 99 percent of R2 value. The irrelatedness of other variables may require further investigation and explanation.
|Date of creation:||29 Nov 2008|
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- Ling Sun & Lilyan E. Fulginiti & E. Wesley & F. Peterson, 2007.
"Accounting for agricultural decline with economic growth in Taiwan,"
International Association of Agricultural Economists, vol. 36(2), pages 181-190, 03.
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- Lopez, Ramon E, 1985. "Structural Implications of a Class of Flexible Functional Forms for Profit Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(3), pages 593-601, October.
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