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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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Bibliographic Info

Paper provided by Australian National University - Department of Economics in its series Papers with number 379.

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Length: 20 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:aunaec:379

Contact details of provider:
Postal: THE AUSTRALIAN NATIONAL UNIVERSITY, DEPARTMENT OF ECONOMICS, RESEARCH SCHOOL of PACIFIC STUDIES, RESEARCH SCHOOL OF SOCIAL SCIENCES, G.P.O. 4, CANBERRA ACT 2601 AUSTRALIA..O. BOX 4 CANBERRA 2601 AUSTRALIA.
Web page: http://economics.anu.edu.au/economics.htm
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Related research

Keywords: INCENTIVES ; ECONOMIC REFORM ; PROPERTY RIGHTS;

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References

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  1. King, R.G. & Rebelo, S.T., 1989. "Transitional Dynamics And Economic Growth In The Neoclassical Model," RCER Working Papers 206, University of Rochester - Center for Economic Research (RCER).
  2. 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.
  3. Lawrence H. Summers, 1982. "Tax Policy, the Rate of Return, and Savings," NBER Working Papers 0995, National Bureau of Economic Research, Inc.
  4. Baldwin, Richard, 1990. "Measurable Dynamic Gains from Trade," Working Paper Series 270, Research Institute of Industrial Economics.
  5. Michael Sarel, 1994. "On the Dynamics of Economic Growth," IMF Working Papers 94/138, International Monetary Fund.
  6. Robert E. Hall, 1981. "Intertemporal Substitution in Consumption," NBER Working Papers 0720, National Bureau of Economic Research, Inc.
  7. 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.
  8. Che, T.N. & Kompas, T. & Vousden, N., 1998. "Liberalisation, Incentives and Vietnamese Agricultural Growth," Papers 351, Australian National University - Department of Economics.
  9. 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.
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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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