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Household production behavior and income distribution in a 1980s Chinese township: A simulation analysis.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Household production behavior and income distribution in a 1980s Chinese township: A simulation analysis./
Author:	Park, Woosung.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 1989,
Description:	186 p.
Notes:	Source: Dissertations Abstracts International, Volume: 51-07, Section: A.
Contained By:	Dissertations Abstracts International51-07A.
Subject:	Economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9002274
ISBN:	9798641847979

Household production behavior and income distribution in a 1980s Chinese township: A simulation analysis.
Park, Woosung.

Household production behavior and income distribution in a 1980s Chinese township: A simulation analysis. - Ann Arbor : ProQuest Dissertations & Theses, 1989 - 186 p.

Source: Dissertations Abstracts International, Volume: 51-07, Section: A.

Thesis (Ph.D.)--Brown University, 1989.

This item must not be sold to any third party vendors.

In the first part, we analyze rural household behavior under alternative price and market regimes. The main questions are: the effects of a sub-rental market for land; how the output constraint affects production; and what is the right price to ensure the voluntary production of the present crop output. For this purpose we build a general equilibrium two sector household production model. We first estimate the two sector production functions at the household level. Then we simulate the mode with Dahe Township data. We find that the current inputs may be rationed at below market price. The simulated rent of a sub-rental market is much higher than the payment to the state for the use of land. The output constraint is binding to most households. For the voluntary fulfillment of the present output, the relative crop price should increase. We calculate the new price, and it is 49% higher than current price. The second part analyses the dynamic implications of the model presented in the first part. In the simulation without a sub-rental market for land, interest rates over the five simulated periods range from 1.27 to 0.74. The output constraint in the contract sector is binding for all households. The production of the sideline sector grows very rapidly. In the simulation with a sub-rental market for land, we find that rents in a sub-rental market are constant over the five periods. The efficiency gain causes a further growth of sideline sector. In the third part, we study the effect of economic reform on the distribution of household life cycle income, the distribution of actual household income, and the differences between these two distributions. These differences can be viewed as a measure of the inequalty generated by factors such as differentiated productivities and unequal access to economic rents. Comparing the various income distribution intertemporally, we conclude that the reform has been successful according to its own criteria to the extent that differential returns to differentiated productivities served as an inducement to greater effort.

ISBN: 9798641847979Subjects--Topical Terms:

517137
Economics.

Household production behavior and income distribution in a 1980s Chinese township: A simulation analysis.
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100 1 $a Park, Woosung. $3 3681152
245 1 0 $a Household production behavior and income distribution in a 1980s Chinese township: A simulation analysis.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 1989
300 $a 186 p.
500 $a Source: Dissertations Abstracts International, Volume: 51-07, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
502 $a Thesis (Ph.D.)--Brown University, 1989.
506 $a This item must not be sold to any third party vendors.
506 $a This item must not be added to any third party search indexes.
520 $a In the first part, we analyze rural household behavior under alternative price and market regimes. The main questions are: the effects of a sub-rental market for land; how the output constraint affects production; and what is the right price to ensure the voluntary production of the present crop output. For this purpose we build a general equilibrium two sector household production model. We first estimate the two sector production functions at the household level. Then we simulate the mode with Dahe Township data. We find that the current inputs may be rationed at below market price. The simulated rent of a sub-rental market is much higher than the payment to the state for the use of land. The output constraint is binding to most households. For the voluntary fulfillment of the present output, the relative crop price should increase. We calculate the new price, and it is 49% higher than current price. The second part analyses the dynamic implications of the model presented in the first part. In the simulation without a sub-rental market for land, interest rates over the five simulated periods range from 1.27 to 0.74. The output constraint in the contract sector is binding for all households. The production of the sideline sector grows very rapidly. In the simulation with a sub-rental market for land, we find that rents in a sub-rental market are constant over the five periods. The efficiency gain causes a further growth of sideline sector. In the third part, we study the effect of economic reform on the distribution of household life cycle income, the distribution of actual household income, and the differences between these two distributions. These differences can be viewed as a measure of the inequalty generated by factors such as differentiated productivities and unequal access to economic rents. Comparing the various income distribution intertemporally, we conclude that the reform has been successful according to its own criteria to the extent that differential returns to differentiated productivities served as an inducement to greater effort.
590 $a School code: 0024.
650 4 $a Economics. $3 517137
650 4 $a Agricultural economics. $3 3172150
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773 0 $t Dissertations Abstracts International $g 51-07A.
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791 $a Ph.D.
792 $a 1989
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9002274