A Study on the Policy of Minimum Purchase Price for Paddy

YA-JUAN YANG, MING-QUE YE

Abstract


Since 2005, the government began to implement the minimum grain purchase price of the main producing areas, and to raise the minimum purchase price for many years, it is clear that the minimum grain purchase price policy has become the one of the most important initiatives of country's grain production protection .In this paper, we selected the data of policy area and non-policy area from 2001 to 2014, and used C-D production function and multiple linear regression model to study the effect of this policy on paddy yield and paddy planting area. It is found that this policy has the effect of increasing and stabilizing paddy production. In the case that per capita income and cultivated land area all have a negative correlation with planted area, the policy has a significant positive correlation with Planted area.


DOI
10.12783/dtem/apme2016/8785

Full Text:

PDF

Refbacks

  • There are currently no refbacks.