How fast have China's agricultural production and productivity really been growing?: new measurement and evidence
Output in Chinese agriculture has grown rapidly for the last several decades, as reported by the Statistical System in China. However, reported total output is aggregated using constant prices, which has been proven to be inappropriate by many economists. As a result, growth rates of output reported...
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
1997
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161158 |
| _version_ | 1855537440064798720 |
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| author | Fan, Shenggen |
| author_browse | Fan, Shenggen |
| author_facet | Fan, Shenggen |
| author_sort | Fan, Shenggen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Output in Chinese agriculture has grown rapidly for the last several decades, as reported by the Statistical System in China. However, reported total output is aggregated using constant prices, which has been proven to be inappropriate by many economists. As a result, growth rates of output reported by the government may be biased. This bias can be large, particularly at a time when relative prices of agricultural products were changed substantially as part of the policy reforms during the 1980s and 1990s. A similar problem exists in the aggregation of total input. Consequently, estimates of total factor productivity, an index of output minus input, can also be biased. This study uses a more appropriate approach to measure growth in output, input and total factor productivity for Chinese agriculture. Using newly estimated production and productivity growth indexes, the impact of rural reforms are reassessed. The conventional approach overestimates the impact of the rural reforms on both production and productivity growth. Nevertheless, both production and productivity still grew at respectable rates during the reform period. |
| format | Artículo preliminar |
| id | CGSpace161158 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1997 |
| publishDateRange | 1997 |
| publishDateSort | 1997 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1611582025-11-06T07:19:45Z How fast have China's agricultural production and productivity really been growing?: new measurement and evidence Fan, Shenggen agricultural productivity agricultural growth Output in Chinese agriculture has grown rapidly for the last several decades, as reported by the Statistical System in China. However, reported total output is aggregated using constant prices, which has been proven to be inappropriate by many economists. As a result, growth rates of output reported by the government may be biased. This bias can be large, particularly at a time when relative prices of agricultural products were changed substantially as part of the policy reforms during the 1980s and 1990s. A similar problem exists in the aggregation of total input. Consequently, estimates of total factor productivity, an index of output minus input, can also be biased. This study uses a more appropriate approach to measure growth in output, input and total factor productivity for Chinese agriculture. Using newly estimated production and productivity growth indexes, the impact of rural reforms are reassessed. The conventional approach overestimates the impact of the rural reforms on both production and productivity growth. Nevertheless, both production and productivity still grew at respectable rates during the reform period. 1997 2024-11-21T09:53:51Z 2024-11-21T09:53:51Z Working Paper https://hdl.handle.net/10568/161158 en Open Access application/pdf International Food Policy Research Institute Fan, Shenggen. 1997. How fast have China's agricultural production and productivity really been growing?;new measurement and evidence. EPTD Discussion Paper 30. https://hdl.handle.net/10568/161158 |
| spellingShingle | agricultural productivity agricultural growth Fan, Shenggen How fast have China's agricultural production and productivity really been growing?: new measurement and evidence |
| title | How fast have China's agricultural production and productivity really been growing?: new measurement and evidence |
| title_full | How fast have China's agricultural production and productivity really been growing?: new measurement and evidence |
| title_fullStr | How fast have China's agricultural production and productivity really been growing?: new measurement and evidence |
| title_full_unstemmed | How fast have China's agricultural production and productivity really been growing?: new measurement and evidence |
| title_short | How fast have China's agricultural production and productivity really been growing?: new measurement and evidence |
| title_sort | how fast have china s agricultural production and productivity really been growing new measurement and evidence |
| topic | agricultural productivity agricultural growth |
| url | https://hdl.handle.net/10568/161158 |
| work_keys_str_mv | AT fanshenggen howfasthavechinasagriculturalproductionandproductivityreallybeengrowingnewmeasurementandevidence |