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The Objective Basis of Differential Prices of Commodities and the Basis Of Enacting Differential Prices Under the Socialist System

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  • Chao Li-k'uan
  • Hsiang Ching-ch'uan

Abstract

The comparative price and differential price of a commodity are the components of a commodity price system. The price relationship among different commodities forms the comparative price of a commodity; the price discrepancies of the same kind of commodity during various phases of production and circulation form the differential price of a commodity. We offer, in this article, our shallow view on the problem of the differentialprice of a commodity.

Suggested Citation

  • Chao Li-k'uan & Hsiang Ching-ch'uan, 1969. "The Objective Basis of Differential Prices of Commodities and the Basis Of Enacting Differential Prices Under the Socialist System," Chinese Economy, Taylor & Francis Journals, vol. 3(2), pages 119-145, January.
    • Handle: RePEc:mes:chinec:v:3:y:1969:i:2:p:119-145
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