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Agricultural prices in China (Inglés)

This paper describes the major features of China's agricultural pricing system as they have evolved since l949, but focuses on adjustments in the 1976-82 period. The institutional setting for price policy is described, price-cost relationships are examined and price ratios from key inputs and outputs are defined. A major portion of the paper is devoted to agricultural marketing policy and consumer subsidies. The size of important subsidies is estimated...
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