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This paper examines the relationship between farm size and productivity in China's agriculture. In developing agriculture where there is a broad range of farm sizes, farm size and productivity or output per unit of land are often found to be inversely related. In China, where average farm size...
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The paper analyzes the decision-making of rural Chinese households with three alternatives: stay exclusively on farm, take local off-farm jobs, and migrate. Based on a survey of rural Chinese households, we extend the dynamic discrete choice model of Wooldridge (2002a,b) to a trichotomous...
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In this paper we fit stochastic frontier production functions to data of Chinese farms grouped into each of four regions--North, Northeast, East, and Southwest--over 1995-1999. These frontier production functions are shown to have statistically different structures, and the elasticities provide...
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T.W. Schultz (1975) proposed that returns to human capital were highest in economicenvironments where technology, price or production shocks were common and managerial skillsto adapt resource allocations to those shocks were most in need. We hypothesize that variationin returns to human capital...
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