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Incentives and Static and Dynamic Gains from Market Reform in an Emerging Profits Models

  • Chen, T.N.
  • Kompas, T.
  • Vousden, N.

This paper develops a dynamic model to account for the enhanced incentive effects that result from market reform in the form of a move toward private property rights and competitive market.

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Paper provided by Australian National University - Department of Economics in its series Papers with number 379.

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Length: 20 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:aunaec:379
Contact details of provider: Postal: THE AUSTRALIAN NATIONAL UNIVERSITY, DEPARTMENT OF ECONOMICS, RESEARCH SCHOOL of PACIFIC STUDIES, RESEARCH SCHOOL OF SOCIAL SCIENCES, G.P.O. 4, CANBERRA ACT 2601 AUSTRALIA..O. BOX 4 CANBERRA 2601 AUSTRALIA.
Web page: http://economics.anu.edu.au/economics.htm

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  1. Robert G. King & Sergio T. Rebelo, 1989. "Transitional Dynamics and Economic Growth in the Neoclassical Model," NBER Working Papers 3185, National Bureau of Economic Research, Inc.
  2. Che, T.N. & Kompas, T. & Vousden, N., 1998. "Liberalisation, Incentives and Vietnamese Agricultural Growth," Papers 351, Australian National University - Department of Economics.
  3. Sicular, Terry, 1988. "Plan and Market in China's Agricultural Commerce," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 283-307, April.
  4. McMillan, John & Whalley, John & Zhu, Lijing, 1989. "The Impact of China's Economic Reforms on Agricultural Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 781-807, August.
  5. Baldwin, Richard E, 1992. "Measurable Dynamic Gains from Trade," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 162-74, February.
  6. Hall, Robert E, 1988. "Intertemporal Substitution in Consumption," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-57, April.
  7. Lawrence H. Summers, 1982. "Tax Policy, the Rate of Return, and Savings," NBER Working Papers 0995, National Bureau of Economic Research, Inc.
  8. Michael Sarel, 1994. "On the Dynamics of Economic Growth," IMF Working Papers 94/138, International Monetary Fund.
  9. Macrae, John, 1977. "Production, distribution and economic organization : Income distribution and resource allocation at the team level in rural China," Journal of Development Economics, Elsevier, vol. 4(4), pages 365-385, November.
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