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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1808 |
DP1808 Risk, Resources and Education | |
Robert K von Weizsäcker; Berthold Wigger | |
发表日期 | 1998-03-09 |
出版年 | 1998 |
语种 | 英语 |
摘要 | We develop a simple model to analyse the ?dual-track? approach to transition to a market economy as a mechanism for implementing efficient Pareto-improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the existing plan while simultaneously liberalizing the market, can be understood as a method for making implicit lump-sum transfers to compensate potential losers of the reform. The model highlights the critical role of enforcement of the plan and full liberalization of the market track. We examine how the dual-track approach has worked in product and labour markets in China?s economic reform in practice. |
关键词 | China Transition |
URL | https://cepr.org/publications/dp1808 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530948 |
推荐引用方式 GB/T 7714 | Robert K von Weizsäcker,Berthold Wigger. DP1808 Risk, Resources and Education. 1998. |
条目包含的文件 | 条目无相关文件。 |
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