publication . Preprint . 2003

Reforms, agricultural risks and agro-industrial diversification in rural China: Evidence from Chinese Provinces

Weiyong YANG;
Open Access
  • Published: 01 Jan 2003
Since the implementation of the economic reforms in 1978, there is a remarkable diversification trend in rural China characterized by an impressive development of rural enterprises. The main objective of this paper is to understand the forces driving this agro-industrial diversification which has important impact on the employment, incomes and welfare of rural residents. A particular attention has been paid to two categories of factors, agricultural income risks and institutional factors such as the ownership evolution of rural enterprises. Using a panel data of 28 Chinese provinces from 1986 to 2001, we show that the diversification decision is jointly affected...
free text keywords: Institutions, Risks, Rural industry, Activity iversification, China
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