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The Uniqueness of Market Economy in China

The Uniqueness of Market Economy in China
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摘要 The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the corresponding equilibrium point sequence of planned/market mixed economy converges to the unique equilibrium point of market economy. This demonstrates that the transition of China’s planned/market mixed economy to market economy will be stable. The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the corresponding equilibrium point sequence of planned/market mixed economy converges to the unique equilibrium point of market economy. This demonstrates that the transition of China’s planned/market mixed economy to market economy will be stable.
出处 《Systems Science and Systems Engineering》 CSCD 1995年第2期179-192,共14页 系统科学与系统工程学报(英文版)
关键词 planned/market mixed economy market economy government plan system uniqueness of equilibrium solution SUBGRADIENT essentially smooth. planned/market mixed economy market economy government plan system uniqueness of equilibrium solution subgradient essentially smooth.
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