Though there was a less inflated deviation in production during the period from 1978 to 2017, yet for the sake of evaluation we preferred to focus on the available literature. China’s current boom development founded from radical structural economic reform of the country from 1978 to 1991. This paper systematically examines the main drivers’ of agricultural production later fuelled China’s economy over 40 years back since the period of the reform year 1978. Moreover, the determinants of inefficiency costs imply that region-specific market imperfection holds a considerable explanatory power for the allocative inefficiency costs. We also find that a minimum purchase price higher than all farm costs impedes the enhancement of scale and masks the competitiveness of China. In addition, large-scale farms gain the overall cost advantage due to their lower allocative inefficiency cost. We decompose the production cost into frontier cost, technical inefficiency cost and allocative inefficiency cost with a primal system approach, and we demonstrate that technical inefficiency cost increases but allocative inefficiency cost decreases as farm size increases. This subject has particularly important implications for agricultural policies in China, which is in the course of rapid structural change. The relationship between farm size and production cost, especially inefficiency cost, has been a hotly debated topic for decades, but no general conclusion has been reached. The second half describes the major challenges with a brief discussion on policy implication.
The first half of the paper is designed to show recent trends in food production and consumption and the impacts on global food market. The objectives of this study is to provide an in-depth overview of China's food production and demand scenario with a particular focus on its challenging perspectives toward food secure 2050. China's domestic food production and self-sufficiency status have certain repercussions on the volatility of global agri-food market and food security in food-import and food-aid-dependent countries.
Maintaining food and water security and for its huge population with its limited resources while at the same time sustaining the economic growth momentum are offering significant challenges to China's macroeconomic prospects. In China, increase in income and socioeconomic status on one hand have dramatically improved dietary intake and overall nutritional status of the population, and are creating an enormous pressure on land and water resources and natural environments on the other.
#I am fish achievements driver
In the face of massive demand for food for its growing population, China is both strengthening its food self-sufficiency strategies and relying on large-scale imports from international market which has been a major driver of food price inflation in recent years. In response to the target of increasing food production by 70% in 2050, many countries are formulating their agricultural policies to promote domestic food self-sufficiency and many are building international networks for outsourcing food supply beyond national borders. In the wake of recent spells of food price hike, national and supranational development organizations and governments have begun to express serious concerns about the world's capacity to feed its burgeoning population. Reducing hunger and malnutrition and improving food security have come to the forefront of global political agenda.
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