IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/16489_1.html
   My bibliography  Save this book chapter

Analytical framework

In: The Institutional Evolution of China

Author

Listed:
  • .

Abstract

The first chapter reviews related literatures on the relationship between the government and the market and institutional changes in general and those specific to China. The chapter provides a framework for a political economy theory of the bureaucratic-market system. In this system, the government is the dominant force, while private firms maximise their profits under government regulation. The target of the government deviates from maximising social welfare and can be described by a utility function, with two basic components: social stability and economic growth. Economic performance has been an important source of legitimacy of the rule of the regime, while social stability is the foundation of the existence of the ruling party. The weights between social stability and economic growth change over time as national and global political and economic conditions change.

Suggested Citation

  • ., 2018. "Analytical framework," Chapters, in: The Institutional Evolution of China, chapter 1, pages 5-22, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16489_1
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781784716905.00008.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:16489_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.