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This is an empirical investigation in the marketed surplus response to price for the major grain crops in Chinese agriculture during the period from 1980 to 1991. It sets out to explain the differences of the response across regions and between crops, using techniques of ad hoc economic modelling.
With reference to India.
Review the commonly pursued governmental agricultural policies, summarize and collate the results of some of the studies of peasant supply responsiveness. Identify the reasons for the different results across crops and countries and discuss the areas deserving further attention.