| Integrating China’s agricultural economy into the global market: measuring distortions in China’s agricultural sector (2007) | |||||||||||||||
Abstract | |||||||||||||||
| Chapter 7 of 'China-Linking Markets for Growth'. Although there has long been an interest in the agricultural economy, it is quite surprising to many observers that China’s agricultural sector has a record that is impressive in many dimensions. Growth rates of gross domestic product (GDP), agricultural gross value added and food per capita increased substantially since the early 1980s. Indeed, agricultural performance in the past two to three decades was more impressive than in any other country in Asia. Markets have boomed and the structure of agriculture has shifted fundamentally. Despite having the largest population in the world and high income growth (which has had a wrenching change on the nation’s consumption bundle), China has, since the early 1980s, been a net exporter of food in all but one year. | |||||||||||||||
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