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Main Reasons Causing Chinese Agricultural Crisis in 1959-1961: Quantitative Test on Yifu Lin's Hypothesis

Main Reasons Causing Chinese Agricultural Crisis in 1959-1961: Quantitative Test on Yifu Lin's Hypothesis
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摘要 The traditional explanation was found to be inconsistent with the empirical evidence that mainly caused the agricultural crisis in 1959-1961, so Yifu Lin tried to explain this catastrophe through using Game Theory based on "one-shot game". This paper tested the hypothesis through quantitative test. The results showed that system factors mainly resulted in low productivity, and the natural disaster should not be ignored.
机构地区 Tianjin University
出处 《Chinese Business Review》 2005年第7期11-16,共6页 中国经济评论(英文版)
基金 This paper is supported by National Nature Science Foundation of China (No. 70071041)
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