In the process of non-ergodic economic changes, path dependence and state dependence will become two main constraints of reform; this dependence determined the embeddeded structure of reform and its evolution. This article refined a theoretical framework for analysis reform on the spatial-temporal dimensions, in the framework, sector reform will form as a multi-helix structure and the evolution is depending on the co-ordination and equilibrium. Application of the analytical framework, this paper analyzed the China's reform as it faced Time-space compression, we conclude that China’s reform speed and equilibrium reflects the dynamic adaptive efficiency.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
11625.
Find related papers by JEL classification: P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
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