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Outlook of China’s State-Owned Enterprises Transformation

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  • hu, yi
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Abstract

This paper created a framework for a dynamic institutional analysis. (1) Reduction of the conviction and motivation inside economic factors (We think that this is the inducing factors of system changes ), (2) system changes will be ultimately beneficial to the efficiently allocation of resources, (3) the typical economic factors. This is from the old institutional analysis framework, Mr. Frank Knight's economic thought and historical materialism. Based on this analytical framework, we researched Transformation of China's state-owned enterprises, we come to conclusion that it is the time for the market forces play an basic role in the allocation of resources.

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File URL: http://mpra.ub.uni-muenchen.de/43238/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 43238.

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Date of creation: 17 May 2012
Date of revision: 01 Aug 2012
Handle: RePEc:pra:mprapa:43238

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Keywords: dynamic institutional analysis; conviction; soft system;

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