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Article
Author(s)
Guojie Zhao, Weixi Zhang, Qingmin Hao
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DOI:10.17265/1537-1506/2005.07.002
Affiliation(s)
Tianjin University
ABSTRACT
The traditional explanation was found to be inconsistent with the empirical evidence that mainly caused the agricultural crisis in 1959-1961, so Yifu Lin tried to explain this catastrophe through using Game Theory based on “one-shot game”. This paper tested the hypothesis through quantitative test. The results showed that system factors mainly resulted in low productivity, and the natural disaster should not be ignored.
KEYWORDS
agricultural crisis total factor productivity Cobb-Douglass productive functionquantitative test
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