China's grain imports: an empirical study
1995
Dong, X.Y. | Veeman, T.S. | Veeman, M.M.
China is a major importer of grains, primarily wheat. However, the relative importance of economic and policy factors underlying the increase in imports into this centrally planned, but reforming, economy is not that well understood. An econometric model is developed to analyze Chinese grain import behaviour over the past three decades and assess the relative importance of respective import determinants. It is concluded that major factors influencing imports have been changes in state grain procurement policy (and associated aspects of China's grain distribution system), income-related improvements in diet (manifest primarily as a shift from inferior cereals and potatoes to wheat and rice rather than as feed-grain based increases in meat consumption), and shortfalls in domestic grain production.
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