Schools of economic and commerce: Incentive to work vs disincentive to invest: the case of chaina's rural reform 1979-1984
| dc.contributor.author | Choe, Chongwoo | |
| dc.date.accessioned | 2022-07-22T07:07:11Z | |
| dc.date.available | 2022-07-22T07:07:11Z | |
| dc.date.issued | 1995-02 | |
| dc.description.abstract | An institutional change from the communal system to the household responsibility system in rural chaina has brought a bout dramatic increase in productivity during the period of 1978-1985,but has also opend up a set of new problems decreased investment among others. I argue in this paper that the new responsibility system is effective to peasants by rendering residual claims but not so in internalizing positive externalities of investment resulting in the underinvestment . Agricultural subsidy investment tax credit the roles of such institutions as township and village enterprises in undertaking the investment in agricultural infrastructure and most fundamentally well-established property rights are discussed as possible remedies. | en_US |
| dc.identifier.isbn | 1864460199 | |
| dc.identifier.issn | 13232037 | |
| dc.identifier.uri | http://econspace.ips.lk/handle/789/704 | |
| dc.language.iso | en | en_US |
| dc.relation.ispartofseries | A;95.16 | |
| dc.subject | Chain's rural reform, underinvestment, Jel classifications | en_US |
| dc.title | Schools of economic and commerce: Incentive to work vs disincentive to invest: the case of chaina's rural reform 1979-1984 | en_US |
| dc.type | Working Paper | en_US |
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