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中国改革的“新政治经济学”：速度与均衡
[Reform Debate: Economics of Speed and Passion]

Author

Listed:
  • Pang, Xiaobo
  • Huang, Weiting

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.

Suggested Citation

  • Pang, Xiaobo & Huang, Weiting, 2008. "中国改革的“新政治经济学”：速度与均衡 [Reform Debate: Economics of Speed and Passion]," MPRA Paper 11564, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:11564
    as

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    File URL: https://mpra.ub.uni-muenchen.de/11564/1/MPRA_paper_11564.pdf
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    References listed on IDEAS

    as
    1. Dewatripont, Mathias & Roland, Gerard, 1995. "The Design of Reform Packages under Uncertainty," American Economic Review, American Economic Association, vol. 85(5), pages 1207-1223, December.
    2. Elmar Altvater, 1998. "Theoretical Deliberations on Time and Space in Post-socialist Transformation," Regional Studies, Taylor & Francis Journals, vol. 32(7), pages 591-605.
    3. Castanheira, Micael & Roland, Gerard, 2000. "The Optimal Speed of Transition: A General Equilibrium Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(1), pages 219-239, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    non-ergodicity; reform; time-space; dynamic adaptive efficiency; speed and equilibrium;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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