China's agricultural growth in the since the 1970s has been called a miracle. An analysis of the sources of this miraculous growth is the focus of this volume. In addition, this book also investigates the impact of economic reforms on agriculture, the potential of grain production in China, and regional disparities in agricultural production and growth performance.

This title was first published in 2003. This text presents a new approach to incorporating regional details on production in a disequilibrium macroeconometric model. The early studies on disequilibrium dealt with either partial-adjustment models or models involving excess demand or supplies in markets. In this study the authors consider a different type of disequilibrium model - one in which econometric analysis makes use of the varying coefficients stochastic production frontier approach, which permits estimation and analysis of production efficiencies of individual producers. The book also presents an innovative approach to production modelling in macro econometric models as it provides a useful framework for incorporating production efficiencies and regional details of production in the macro models. It is a pioneering study that combines the stochastic frontier approach with macro econometric modelling. Primarily focused on India, it also provides insights into problems in modelling economies of other developing countries.

This title was first published in 2003. This text presents a new approach to incorporating regional details on production in a disequilibrium macroeconometric model. The early studies on disequilibrium dealt with either partial-adjustment models or models involving excess demand or supplies in markets. In this study the authors consider a different type of disequilibrium model - one in which econometric analysis makes use of the varying coefficients stochastic production frontier approach, which permits estimation and analysis of production efficiencies of individual producers. The book also presents an innovative approach to production modelling in macro econometric models as it provides a useful framework for incorporating production efficiencies and regional details of production in the macro models. It is a pioneering study that combines the stochastic frontier approach with macro econometric modelling. Primarily focused on India, it also provides insights into problems in modelling economies of other developing countries.

This book assesses the progress in the implementation of Sustainable Development Goals (SDGs) in ASEAN, India and China using the above framework conditions in the context with three main propositions. First, translating the SDGs into regional economic integration strategies during the pandemic recovery can enhance the link between global objectives and the multifaceted reality of an ASEAN community building process, and providing a strategic option to strengthen the regional approaches. Secondly, a regional approach on complementarities to SDGs can facilitate the definition of relevant targets/indicators and enhance the monitoring and evaluation framework. In so doing it could also offer the scope to integrate more closely ASEAN community’s social and environmental concerns into existing economic, social and political frameworks. Thirdly, focusing just on the geo-economic sphere – the area where south east and East Asian economic integration is relatively more advanced – will prove the hypothesis that effective regional integration through mega trade agreements such as the Regional Comprehensive Economic Partnership (RCEP) can support the Asia’s transformation agenda and foster more inclusive and sustainable growth.

China's agricultural growth in the past two decades has been called a miracle. An analysis of the sources of this miraculous growth is the focus of the present volume. In addition, this book also investigates the impact of economic reforms on agriculture, the potential of grain production in China, and regional disparities in agricultural production and growth performance. This book adds to the literature and contributes to the current debates on food security and rural development.