The Transition Process In China: An Economic Development Perspective
During the last 25 years, the Chinese economy has experienced significant changes: the centrally planned economy has been reformed gradually into a market economy; the traditional agricultural economy is becoming more and more a modern industrial economy. In a dynamic two-sector-two-segment model we demonstrate that the economic reform has changed the industrialization mechanism in China. It released a decentralized industrialization process beside the centrally planned Soviet-type industrialization. This decentralized industrialization is shown to be the ultimate driving force of the transition from plan to market in China.
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Volume (Year): 32 (2007)
Issue (Month): 2 (December)
Pages: 113-134
| Handle: | RePEc:jed:journl:v:32:y:2007:i:2:p:113-134 |
| Contact details of provider: | Web page: http://www.jed.or.kr/ More information through EDIRC
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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.:
- 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.
- Chen Pu & Hsiao Chihying, 2005. "the Transition Process in China: A theoretic and empirical Study," Development and Comp Systems 0507007, EconWPA.
- 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.
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