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Main Reasons Causing Chinese Agricultural Crisis in 1959-1961: Quantitative Test on Yifu Lin's Hypothesis
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作者 Guojie Zhao Weixi Zhang Qingmin Hao 《Chinese Business Review》 2005年第7期11-16,共6页
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 bas... 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. 展开更多
关键词 agricultural crisis total factor productivity Cobb-Douglass productive function quantitative test
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