the Transition Process in China: A theoretic and empirical Study
AbstractIn this paper we analyse the driving forces of the transition from plan to market in China. A two segments and two sectors model is constructed to take into account the particular economic situation in China during the transition process: a large agricultural sector and an industrial sector; a large centrally planned segment and a market segment. The transition from plan to market is described by the increasing share the market segment in the whole economy on the one hand and the forced adjustment of the behaviour of the planned segment to the market situation on the other. Thus this model provides a well structured way to understand the complex phenomenon during the transition process and to analysis the driving forces of the transition process.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0507007.
Length: 74 pages
Date of creation: 28 Jul 2005
Date of revision:
Note: Type of Document - pdf; pages: 74
Contact details of provider:
Web page: http://22.214.171.124
Transition; Economic reform; Industrialization; Chinese economy;
Other versions of this item:
- C. Hsiao & P. Chen, 2005. "The Transition Process in China: a Theoretical and Empirical Study," Computing in Economics and Finance 2005 210, Society for Computational Economics.
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- P2 - Economic Systems - - Socialist Systems and Transition Economies
This paper has been announced in the following NEP Reports:
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.:
- Ericson, Richard E., 1984. "The "second economy" and resource allocation under central planning," Journal of Comparative Economics, Elsevier, vol. 8(1), pages 1-24, March.
- Panagariya, Arvind, 1990. "The parallel market in centrally planned economies: A dynamic analysis," Journal of Comparative Economics, Elsevier, vol. 14(3), pages 353-371, September.
- Jinglian, Wu & Renwei, Zhao, 1987. "The dual pricing system in China's industry," Journal of Comparative Economics, Elsevier, vol. 11(3), pages 309-318, September.
- Woo Wing Thye, 1994.
"The Art of Reforming Centrally Planned Economies: Comparing China, Poland, and Russia,"
Journal of Comparative Economics,
Elsevier, vol. 18(3), pages 276-308, June.
- Woo, W.T., 1993. "The Art of Reforming Centrally-Planned Economies: Comparing China, Poland and Russia," Papers 93-09, California Davis - Institute of Governmental Affairs.
- Zhou, Huizhong, 1992. "An explanation of coexistence of taut planning and hidden reserves in centrally planned economies," Journal of Comparative Economics, Elsevier, vol. 16(3), pages 456-478, September.
- Jefferson, Gary H. & Xu, Wenyi, 1991. "The impact of reform on socialist enterprises in transition: Structure, conduct, and performance in Chinese industry," Journal of Comparative Economics, Elsevier, vol. 15(1), pages 45-64, March.
- Naughton, Barry, 1990. "China's experience with guidance planning," Journal of Comparative Economics, Elsevier, vol. 14(4), pages 743-767, December.
- Peter Murrell, 1991. "Can Neoclassical Economics Underpin the Reform of Centrally Planned Economies?," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 59-76, Fall.
- Charemza, Wojciech & Quandt, Richard E, 1982. "Models and Estimation of Disequilibrium for Centrally Planned Economies," Review of Economic Studies, Wiley Blackwell, vol. 49(1), pages 109-16, January.
- Pu Chen & Chih-Ying Hsiao, 2007. "The Transition Process In China: An Economic Development Perspective," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 32(2), pages 113-134, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.