The Impact of the Subsidy Policy on Total Factor Productivity: An Empirical Analysis of China's Cotton Production

<table>China’s net accumulated import cotton from 2002 to 2011. Unit: million MTs. Data source: “China Statistical Yearbook,” National Bureau of Statistics of China.</table>

Mathematical Problems in Engineering

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Figure 1

Figure 1: The Impact of the Subsidy Policy on Total Factor Productivity: An Empirical Analysis of China's Cotton Production 