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Pareto-Improving Economic Reforms through Dual-Track Liberalization Author info | Abstract | Publisher info | Download info | Related research | Statistics Lawrence J. Lau
Yingyi Qian
Gerard Roland
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Pareto-improving economic reforms that also simultaneously achieve efficiency can be implemented through a strategy of "dual-track" liberalization. Its success requires the feasibility of the original plan and its continued enforcement by the state. The Chinese experience demonstrates that such a strategy works. Keywords: economic reform, transition, political economy, dual track, China.
JEL classification: P21
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Paper provided by Stanford University, Department of Economics in its series Working Papers with number
97007.
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Handle: RePEc:wop:stanec:97007Contact details of provider: Postal: Ralph Landau Economics Building, Stanford, CA 94305-6072 Phone: (650)-725-3266 Fax: (650)-725-5702 Email: Web page: http://www-econ.stanford.edu/econ/workp/ More information through EDIRC
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Keywords: economic reform ; transition ; political economy ; dual track ; China ; Other versions of this item:
Find related papers by JEL classification: P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
McMillan, John & Naughton, Barry, 1992.
"How to Reform a Planned Economy: Lessons from China ,"
Oxford Review of Economic Policy ,
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Murphy, Kevin M & Shleifer, Andrei & Vishny, Robert W, 1992.
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Gerard Roland & Thierry Verdier, 1999.
"Law Enforcement and Transition ,"
William Davidson Institute Working Papers Series
262, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
[Downloadable!]
Other versions:
Roland, Gérard & Verdier, Thierry, 2000.
"Law Enforcement and Transition ,"
CEPR Discussion Papers
2501, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Roland, G. & Verdier, T., 2000.
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DELTA Working Papers
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[Downloadable!] (restricted) Che, Jiahua & Facchini, Giovanni, 2004.
"Dual Track Liberalization: With and Without Losers ,"
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Other versions: Vladimir Popov, 2006.
"Shock Therapy Versus Gradualism Reconsidered: Lessons From Transition Economies After 15 Years Of Reforms ,"
Working Papers
w0068, Center for Economic and Financial Research (CEFIR).
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Michael Mandler, 2001.
"Accessible Pareto-Improvements: Using Market Information to Reform Inefficiencies ,"
William Davidson Institute Working Papers Series
398, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
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Other versions: Lawrence J. Lau & Yingyi Qian & Gerard Roland, .
"Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
Working Papers
99010, Stanford University, Department of Economics.
[Downloadable!]
Other versions:
Lau, Lawrence J & Qian, Yingyi & Roland, Gérard, 1998.
"Reform Without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
CEPR Discussion Papers
1798, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Lawrence J. Lau & Yingyi Qian & Gerald Roland, 1997.
"Reform Without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
William Davidson Institute Working Papers Series
137, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
[Downloadable!] Lawrence J. Lau & Yingyi Qian & Gerard Roland, 1997.
"Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
Working Papers
97048, Stanford University, Department of Economics.
Lawrence J. Lau & Yingyi Qian & Gerard Roland, 2001.
"Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
Journal of Political Economy ,
University of Chicago Press, vol. 108(1), pages 120-143, February.
[Downloadable!] (restricted) C. A. Claussen, 2002.
"On the Dynamic Consistency of Reform and Compensation Schemes ,"
Journal of Policy Reform ,
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Gerard Rpland, 2001.
"The Political Economy of Transition ,"
William Davidson Institute Working Papers Series
413, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
[Downloadable!]
Jiahua Che & Giovanni Facchini, 2005.
"Dual Track Reforms: With and Without Losers ,"
Development Working Papers
204, Centro Studi Luca d\'Agliano, University of Milano.
[Downloadable!]
Other versions:
Jiahua Che & Giovanni Facchini, 2007.
"Dual Track Reforms: With and Without Losers ,"
Economics Discussion Papers
646, University of Essex, Department of Economics.
[Downloadable!] Che, Jiahua & Facchini, Giovanni, 2007.
"Dual track reforms: With and without losers ,"
Journal of Public Economics ,
Elsevier, vol. 91(11-12), pages 2291-2306, December.
[Downloadable!] (restricted) Guy Shaojia Liu & Haiyan Song, 2003.
"A Dual-Price Demand Theory for Economies under Transition ,"
Journal of Chinese Economic and Business Studies ,
Taylor and Francis Journals, vol. 1(2), pages 185-203, January.
[Downloadable!] (restricted)
Wei Li, 2000.
"Corruption and Resource Allocation Under China's Dual Track System ,"
Econometric Society World Congress 2000 Contributed Papers
0179, Econometric Society.
[Downloadable!]
Yingyi Qian, 1999.
"The Institutional Foundations of China's Market Transition ,"
Working Papers
99011, Stanford University, Department of Economics.
[Downloadable!]
Nazrul Islam, 2008.
"Vietnam's Lesson for China: An Examination of the Sachs–Woo Hypothesis ,"
Comparative Economic Studies ,
Palgrave Macmillan Journals, vol. 50(1), pages 111-157, March.
[Downloadable!] (restricted)
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