[Spatial-temporal Dimensions of Reform: Toward a Theoretical Framework for Analysis]
In the process of non-ergodic economic changes, path dependence and state dependence will become two main constraints of reform; this dependence determined the embeddeded structure of reform and its evolution. This article refined a theoretical framework for analysis reform on the spatial-temporal dimensions, in the framework, sector reform will form as a multi-helix structure and the evolution is depending on the co-ordination and equilibrium. Application of the analytical framework, this paper analyzed the China's reform as it faced Time-space compression, we conclude that China’s reform speed and equilibrium reflects the dynamic adaptive efficiency.
|Date of creation:||Oct 2008|
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- Justin Yifu Lin, 1989. "An Economic Theory of Institutional Change: Induced and Imposed Change," Cato Journal, Cato Journal, Cato Institute, vol. 9(1), pages 1-33, Spring/Su.
- Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change Princeton University Press.
- Paul A. Samuelson, 1968. "What Classical and Neoclassical Monetary Theory Really was," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 1-15, February.
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