Control in a dynamic village economy: The reforms and unbalanced development in China's rural economy
用动态控制框架模拟中国村庄经济，解释改革后农村部门的不平衡增长。基于东部40个村庄数据，发现农业与农村工业的重要关联，经济激励促使资源从农业流向工业。
A dynamic control framework is used to model the Chinese village economy in order to explain the rural sector's unbalanced growth in the post reform period. Village leaders are assumed to maximize a multi-attribute utility function by manipulating local policy instruments subject to the structural relationships in the economy. The model's parameters are estimated econometrically using a data set from forty villages in eastern China. The empirical results identify important linkages between agriculture and rural industry in village economies. Unbalanced growth can partially be explained by the way economic incentives induce individuals in rural areas to move resources toward the rural industrial sector and away from agriculture.