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2004•The Study of Finance and EconomicsRequires access

An Institutional Analysis of the Formation of Economic Development Mode

Chen Wei-min

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Abstract

There have formed many successful development modes in the process of economic development in China since reform and opening-up were carried out. The successful development modes in those places, hower, cannot be cloned by other places, because the process of the formation of modes is that of institutional transition, which depends on the rebirth of subjective game caused by private surplus information. On the other hand, if a successful economic development mode is to have effect on another mode, it should have absolute advantage in population.

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What this paper is about

There have formed many successful development modes in the process of economic development in China since reform and opening-up were carried out. The successful development modes in those places, hower, cannot be cloned by other places, because the process of the formation of modes is that of institutional transition, which depends on the rebirth of subjective game caused by private surplus information. On the other hand, if a successful economic development mode is to have effect on another mode, it should have absolute advantage in population.

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Available abstract

There have formed many successful development modes in the process of economic development in China since reform and opening-up were carried out. The successful development modes in those places, hower, cannot be cloned by other places, because the process of the formation of modes is that of institutional transition, which depends on the rebirth of subjective game caused by private surplus information. On the other hand, if a successful economic development mode is to have effect on another mode, it should have absolute advantage in population.

Key concepts: Mode (computer interface), Economics, China, Economic system, Population, Process (computing), Development (topology), Transition (genetics)

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