Price Regulation in Intersectoral Total Output
Chapter 4 examines the effect of administered prices on output in the cotton and coal sectors. Before focusing on the output effects of price adjustment in the post-reform period, we first examine the political and economic devices used by the government to regulate the output of cotton and coal in the pre-reform period.
KeywordsCoal Mine Producer Price Price Adjustment Price Regulation Cotton Production
Unable to display preview. Download preview PDF.
Notes and References
- 24.See China Reconstructs, vol. XXXII, no. 10 (October 1983: 25).Google Scholar
- 37.For example, in 1980, there were 20,000 small-scale coal mines: output from them accounted for one-third of the nation’s total. see Beijing Review, vol. 23, no. 26 (1980: 4–5) and Pannell and Ma (1983: 97).Google Scholar