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Article: The intersectoral terms of trade and their impact on urbanisation in China

TitleThe intersectoral terms of trade and their impact on urbanisation in China
Authors
Issue Date2000
PublisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/14631377.asp
Citation
Post-Communist Economies, 2000, v. 12 n. 4, p. 445-462 How to Cite?
AbstractThe historical experience of developed countries shows that the economic development process and accompanying urbanisation represent a structural transformation from an economy dominated by agriculture to one dominated by non-agricultural activities. Therefore it is generally believed that the agricultural sector needs to make a net transfer of resources, both capital and labour, to other sectors in the processes of economic transformation and urbanisation. However, the process of urbanisation in a socialist economy can be negatively affected by its pattern of resource generation. On the basis of an analysis of the 'scissors' pricing mechanism to which the state had recourse for financing its industrialisation, this article argues that this kind of resource transfer did not necessarily favour a high rate of urban employment and urbanisation, regardless of the magnitude of the seizure of resources from the agricultural sector.
Persistent Identifierhttp://hdl.handle.net/10722/157822
ISSN
2015 Impact Factor: 0.548
2015 SCImago Journal Rankings: 0.337
References

 

DC FieldValueLanguage
dc.contributor.authorZhang, Len_US
dc.contributor.authorZhao, SXBen_US
dc.date.accessioned2012-08-08T08:55:50Z-
dc.date.available2012-08-08T08:55:50Z-
dc.date.issued2000en_US
dc.identifier.citationPost-Communist Economies, 2000, v. 12 n. 4, p. 445-462en_US
dc.identifier.issn1463-1377en_US
dc.identifier.urihttp://hdl.handle.net/10722/157822-
dc.description.abstractThe historical experience of developed countries shows that the economic development process and accompanying urbanisation represent a structural transformation from an economy dominated by agriculture to one dominated by non-agricultural activities. Therefore it is generally believed that the agricultural sector needs to make a net transfer of resources, both capital and labour, to other sectors in the processes of economic transformation and urbanisation. However, the process of urbanisation in a socialist economy can be negatively affected by its pattern of resource generation. On the basis of an analysis of the 'scissors' pricing mechanism to which the state had recourse for financing its industrialisation, this article argues that this kind of resource transfer did not necessarily favour a high rate of urban employment and urbanisation, regardless of the magnitude of the seizure of resources from the agricultural sector.en_US
dc.languageengen_US
dc.publisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/14631377.aspen_US
dc.relation.ispartofPost-Communist Economiesen_US
dc.titleThe intersectoral terms of trade and their impact on urbanisation in Chinaen_US
dc.typeArticleen_US
dc.identifier.emailZhao, SXB:sxzhao@hku.hken_US
dc.identifier.authorityZhao, SXB=rp00597en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1080/14631370050216506en_US
dc.identifier.scopuseid_2-s2.0-0034492195en_US
dc.identifier.hkuros82846-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0034492195&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume12en_US
dc.identifier.issue4en_US
dc.identifier.spage445en_US
dc.identifier.epage462en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridZhang, L=8061982400en_US
dc.identifier.scopusauthoridZhao, SXB=7403577707en_US

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