中国产品市场与资本市场中的渐进改革与扭曲
Blunt to sharpened razor: incremental reform and distortions in the product and capital markets in China
| cg.coverage.country | China | |
| cg.coverage.iso3166-alpha2 | CN | |
| cg.coverage.region | Eastern Asia | |
| cg.coverage.region | Asia | |
| cg.creator.identifier | xiaobo zhang: 0000-0002-4981-9565 | |
| cg.identifier.project | IFPRI - Development Strategy and Governance Division | |
| cg.isijournal | ISI Journal | |
| cg.issue | 2 | |
| cg.journal | China Journal of Economics | |
| cg.reviewStatus | Internal Review | |
| cg.volume | 1 | |
| dc.contributor.author | Zhang, Xiaobo | |
| dc.contributor.author | Tan, Kong-Yam | |
| dc.date.accessioned | 2025-01-29T12:56:57Z | en |
| dc.date.available | 2025-01-29T12:56:57Z | en |
| dc.identifier.uri | https://hdl.handle.net/10568/170412 | |
| dc.title | 中国产品市场与资本市场中的渐进改革与扭曲 | zh |
| dcterms.abstract | A key objective of China's reform program was to reduce distortions in the economic system and enhance growth. However, when implemented in incremental and partial ways, local governments or individuals have chance to capture rents inherent in the reform process. Young (2000) warned that the rent-seeking behavior might lead to increasing market fragmentation. Empirical studies have since shown that this did not happen in the product markets. In this paper we argue that as rents from the product markets were squeezed out during the reform process, rent-seeking behavior shifted to the factor markets, especially the capital and land markets. The reform process now needs to be deepened to ensure that the factor markets also become more integrated and efficient. | en |
| dcterms.accessRights | Limited Access | |
| dcterms.alternative | Blunt to sharpened razor: incremental reform and distortions in the product and capital markets in China | en |
| dcterms.bibliographicCitation | Zhang, Xiaobo; Tan, Kong-Yam. 2005. Blunt to sharpened razor: incremental reform and distortions in the product and capital markets in China [In Chinese]. China Journal of Economics 1(2): 133-148. | en |
| dcterms.extent | pp. 133-148 | |
| dcterms.issued | 2005 | |
| dcterms.language | zh | |
| dcterms.replaces | https://ebrary.ifpri.org/digital/collection/p15738coll5/id/1685 | |
| dcterms.subject | markets | en |
| dcterms.subject | economic growth | en |
| dcterms.subject | economic situation | en |
| dcterms.subject | economic systems | en |
| dcterms.subject | local government | en |
| dcterms.subject | commodity markets | en |
| dcterms.subject | land ownership | en |
| dcterms.type | Journal Article |