A demand analysis for wheat imports to China
department or school: Land and Food Systems, Faculty of
data provider: DSpace
degree campus: UBCV
creator: Zhu, Allen Xinyan
issued: 2009-03-25T17:37:24Z
issued: 1997
related degree: Master of Science - MSc
degree grantor: University of British Columbia
description: China has become an increasingly important, but uncertain, import market for grains since the 1960s. For past 35 years, the fluctuations in wheat imports between 2.3 million tonnes and 16 million tonnes has drawn the attention of economists and politicians around the world. In 1994, Lester Brown published a book titled "Who Will Feed China?—Wake-Up Call For a Small Planet". Since then, grain import demand in China has again become a globally important topic. Since 1978, China has reformed its economic system. These economic reforms and system transition in conjunction with the remains of the planning economy have been shaping China's economy into an economy with elements of both centrally planned and market-oriented economies, i.e. a 'mixed" economy. These reforms have had large effects not only on grain production but, more important, also on domestic grain demand, which in turn has had major effects on the international grain market. It is questionable whether conventional models of the demand for wheat are appropriate for China since China's wheat import demand is not purely market determined. Instead, an analysis of import behaviour must incorporate features of central planning. This study addresses the following questions: 1) what are the prominent characteristics of China's planned and mixed economic systems and what are the determinants of grain import demand under a mixed systems? 2) what role have price signals in the world grain market played in China's demand for wheat? This analysis also addresses questions such as what effects China's economic reform has had on domestic grain policies and what have been the major changes in grain trade policy-making procedures before and after 1978? Given the Chinese government's 'Unique" grain system, stated policy of grain selfsufficiency, and China's status as 'an enigma in the world grain trade", establishing a suitable model for Chinese wheat imports is a challenging job. In this study, a 'mixed " model has been de…
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note: A Demand Analysis for Wheat Imports to China By ALLEN XINYAN ZHU B. Comm. (Finance), Beijing University of Economics and Business, 1986 A THESIS SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF M A S T E R OF SCIENCE in THE F A C U L T Y OF G R A D U A T E STUDIES Department of Agricultural Economics We accept this thesis as conforming to the required standard THE UNIVERSITY OF BRITISH COLUMBIA June 1997 © Allen Xinyan Zhu, 1997 In presenting this thesis in partial fulfilment of the requirements for an advanced degree at the University of British Columbia, I agree that the Library shall make it freely available for reference and study. I further agree that permission for extensive copying of this thesis for scholarly purposes may be granted by the head of my department or by his or her representatives. It is understood that copying or publication of this thesis for financial gain shall not be allowed without my written permission. Department of HqriCeUJutlU ZrC0/lo»i*'CS The University of British Columbia Vancouver, Canada Date .AUjltdftM, 194J DE-6 (2/88) Abstract China has become an increasingly important, but uncertain, import market for grains since the 1960s. For past 35 years, the fluctuations in wheat imports between 2.3 million tonnes and 16 million tonnes has drawn the attention of economists and politicians around the world. In 1994, Lester Brown published a book titled Who Will Feed China?—Wake-Up Call For a Small Planet. Since then, grain import demand in China has again become a globally important topic. Since 1978, China has reformed its economic system. These economic reforms and system transition in conjunction with the remains of the planning economy have been shaping China's economy into an economy with elements of both centrally planned and market-oriented economies, i.e. a 'mixed" economy. These reforms have had large effects not only on grain production but, more important, also on domestic grain demand, which in turn has h…
has type: Thesis/Dissertation
date issued: 1997-11
is shown at: 10.14288/1.0087939
language: eng
degree discipline: Agricultural Economics
provider: Vancouver : University of British Columbia Library
publisher: University of British Columbia
rights: For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.
scholar level: Graduate
type: Text
identifier URI: http://hdl.handle.net/2429/6463