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The Economic System of China

Author

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  • Cheung Steven N. S.

    (Emeritus Chair Professor of Economics, University of Hong Kong)

Abstract

“The Economic System of China” by Steven Cheung was originally presented as the lead paper at the 2008 Chicago Conference on China’s Market Transformation, organized by Professor Coase. While the paper, with a Chinese translation, has been available in China since 2009, it has not received the attention it deserves outside China. In this new version, Professor Cheung added a postscript to the original paper, which Professor Coase praised as “powerful” and is kept intact.

Suggested Citation

  • Cheung Steven N. S., 2014. "The Economic System of China," Man and the Economy, De Gruyter, vol. 1(1), pages 1-49, June.
    • Handle: RePEc:bpj:maneco:v:1:y:2014:i:1:p:49:n:5
    DOI: 10.1515/me-2014-0008
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    References listed on IDEAS

    as
    1. F. H. Knight, 1924. "Some Fallacies in the Interpretation of Social Cost," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 38(4), pages 582-606.
    2. Cheung, Steven N S, 1973. "The Fable of the Bees: An Economic Investigation," Journal of Law and Economics, University of Chicago Press, vol. 16(1), pages 11-33, April.
    3. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    4. Steven N. S. Cheung, 1986. "China In Transition: Where Is She Heading Now?," Contemporary Economic Policy, Western Economic Association International, vol. 4(4), pages 1-11, October.
    5. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124-124.
    6. Anthony Bottomley, 1963. "The Effect of the Common Ownership of Land upon Resource Allocation in Tripolitania," Land Economics, University of Wisconsin Press, vol. 39(1), pages 91-95.
    7. Cheung, Steven N S, 1970. "The Structure of a Contract and the Theory of a Non-exclusive Resource," Journal of Law and Economics, University of Chicago Press, vol. 13(1), pages 49-70, April.
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    Cited by:

    1. Wang Ning, 2018. "Law and the Economy: An Introduction to Coasian Law and Economics," Man and the Economy, De Gruyter, vol. 5(2), pages 1-13, December.
    2. Gao, Fugang & Ma, Xianlei & van der Krabben, Erwin & Ploegmakers, Huub & Shi, Xiaoping, 2022. "Causes of industrial land-use regulations in China: A share tenancy perspective," Land Use Policy, Elsevier, vol. 122(C).

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