The role of the state in making a national market : the evolution of the grain market in China (1978-2000)
Date of Issue2010
School of Humanities and Social Sciences
Purpose – The paper aims to examine Karl Polanyi's view of market evolution in the context of the emergence of a national grain market in China's transition economy. Design/methodology/approach – The dataset used includes information about inter-provincial grain trade on China's grain market from November 1999 to October 2000. A priori blockmodelling method is used for hypothesis testing. Findings – This paper finds that a partially integrated national grain market had emerged at the beginning of the twenty-first century in China in spite of local protectionism. Additionally, the emergence of this market is found to be partly a result of the reform-oriented state's attempt to create national wholesale grain markets. Originality/value – The findings of the paper might have implications for market development in both China and other transition economies.
DRNTU::Social sciences::Economic development::China
China Agricultural Economic Review
© 2010 Emerald. This is the author created version of a work that has been peer reviewed and accepted for publication by China Agricultural Economic Review, Emerald. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: http://dx.doi.org/10.1108/17561371011078426.