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The Chinese agri-food industry is evolving into an imperfectly competitive market in our observation. The issue deserves more attention from the policymakers since any negligible departure from the perfectly competitive market in agriculture would generate enormous extra profits for firms and...
Persistent link: https://www.econbiz.de/10012062286
Over the past four decades, China has made fruitful achievements in agricultural development, which attracted a great deal of attention within the academy. Meanwhile, Chinese agriculture has also undergone dramatic and continuing structural changes (Chen et al. 2009; Cao and Birchenall 2013),...
Persistent link: https://www.econbiz.de/10012152921
The Common Agricultural Policy (CAP) shapes the agri-food sector of the European Union (EU) by mainly regulating the distribution of financial support to agricultural producers. Based on the Treaty of Rome (1957), one of the CAP's objectives is to "ensure a fair living standard for farm-ers" by...
Persistent link: https://www.econbiz.de/10013556949
This study uses household level data collected in Shandong Province of China to study rural formal financial institutions' lending volume decisions, the number of lending approvals, and respondentsattitude towards interest rates on formal loan in China's rural setting. The main body of the...
Persistent link: https://www.econbiz.de/10010222615