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Incentives and Static and Dynamic Gains from Market Reform in an Emerging Profits Models

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Author Info

  • Chen, T.N.
  • Kompas, T.
  • Vousden, N.

Abstract

This paper develops a dynamic model to account for the enhanced incentive effects that result from market reform in the form of a move toward private property rights and competitive market.

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File URL: http://www.ecocomm.anu.edu.au/research/papers/pdf/wp379.pdf
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Bibliographic Info

Paper provided by Australian National University, College of Business and Economics, School of Economics in its series ANU Working Papers in Economics and Econometrics with number 1999-379.

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Length: 20 pages
Date of creation: Aug 1999
Date of revision:
Handle: RePEc:acb:cbeeco:1999-379

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Keywords: INCENTIVES ; ECONOMIC REFORM ; PROPERTY RIGHTS;

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References

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  1. Hall, Robert E, 1988. "Intertemporal Substitution in Consumption," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-57, April.
  2. Baldwin, Richard, 1990. "Measurable Dynamic Gains from Trade," Working Paper Series 270, Research Institute of Industrial Economics.
  3. Michael Sarel, 1994. "On the Dynamics of Economic Growth," IMF Working Papers 94/138, International Monetary Fund.
  4. King, Robert G & Rebelo, Sergio T, 1993. "Transitional Dynamics and Economic Growth in the Neoclassical Model," American Economic Review, American Economic Association, vol. 83(4), pages 908-31, September.
  5. Macrae, John, 1977. "Production, distribution and economic organization : Income distribution and resource allocation at the team level in rural China," Journal of Development Economics, Elsevier, vol. 4(4), pages 365-385, November.
  6. Tuong Nhu Che & Tom Kompas & Neil Vousden, 2002. "Liberalisation, Incentives and Vietnamese Agricultural growth," International and Development Economics Working Papers idec02-5, International and Development Economics.
  7. McMillan, John & Whalley, John & Zhu, Lijing, 1989. "The Impact of China's Economic Reforms on Agricultural Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 781-807, August.
  8. Sicular, Terry, 1988. "Plan and Market in China's Agricultural Commerce," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 283-307, April.
  9. Lawrence H. Summers, 1982. "Tax Policy, the Rate of Return, and Savings," NBER Working Papers 0995, National Bureau of Economic Research, Inc.
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Cited by:
  1. Patrick de Fontenay & Suiwah Leung, 2002. "Managing commodity price fluctuations in Vietnam's Coffee Industry," International and Development Economics Working Papers idec02-4, International and Development Economics.

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