This paper is Selected for presentation at the Southern Agricultural Economics Association Annual Meeting, Atlanta, Georgia, January 31-February 3, 2009. The research is partially funded by ERS/USDA China Project and Social Science Fund of Jiangsu Province in China. The authors are grateful for...

The World Bank’s World Development Report 2006 addresses Equity and Development. It defines equity as respect for equal opportunities combined with the avoidance of absolute deprivation. Even though justice theories have long been interested in equity (given that equality of opportunity is one...