中国改革的“新政治经济学”：速度与均衡

Pang, Xiaobo and Huang, Weiting (2008): 中国改革的“新政治经济学”：速度与均衡.

Abstract

In term of time and space, economic changes are non-ergodic, reform speed and equilibrium is determined by the characteristics of time and space. The great achievements of China's gradual reforms are by no means accidental, time-space dependence and non-ergodic economic changes is consistent with the guiding ideology of “feeling our way across the river”, by time-space compression, China's gradual reforms have exhibited dynamic adaptive efficiency.

• Item Type: MPRA Paper
• English Title: Reform Debate: Economics of Speed and Passion
• Language: Chinese
• Keywords: non-ergodicity; reform; time-space; dynamic adaptive efficiency; speed and equilibrium
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional ; Evolutionary; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General; P - Economic Systems > P5 - Comparative Economic Systems > P51 - Comparative Analysis of Economic Systems; B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B25 - Historical ; Institutional ; Evolutionary ; Austrian; P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy

References

Altvater Elmar, 1998, “Theoretical Deliberations on Time and Space in Post-socialist Transformation”, Regional Studies, Vol.32, No.7, pp.591-605.

Castanheira M. and G. Roland, “The Optimal Speed of Transition: A General Equilibrium Analysis”, International Economic Review, Vol. 41, No. 1, (Feb., 2000), pp. 219-239.

Dewatripont M. and G. Roland, “The Design of Reform Packages under Uncertainty”, The American Economic Review, Vol. 85, No. 5 (Dec., 1995), pp. 1207-1223.

Granovetter Mark, “Economic Action and Social Structure: The Problem of Embeddedness”, The American Journal of Sociology, Vol. 91, No. 3. (Nov., 1985), pp. 481-510

Polanyi Karl, 1944, The Great Transformation: The Political and Economic Origins of Our Time, Boston: Beacon Press.

North C.Douglass, 2005, Understanding the Process of Economic Change, Princeton University Press