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Shortages, work effort, and price ad...

Wang, Zhaoping.

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Shortages, work effort, and price adjustments: A look at China's economic reform since the late 70s.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Shortages, work effort, and price adjustments: A look at China's economic reform since the late 70s./
Author:	Wang, Zhaoping.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 1993,
Description:	131 p.
Notes:	Source: Dissertation Abstracts International, Volume: 54-08, Section: A, page: 3134.
Contained By:	Dissertation Abstracts International54-08A.
Subject:	Economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9403175

Shortages, work effort, and price adjustments: A look at China's economic reform since the late 70s.
Wang, Zhaoping.

Shortages, work effort, and price adjustments: A look at China's economic reform since the late 70s. - Ann Arbor : ProQuest Dissertations & Theses, 1993 - 131 p.

Source: Dissertation Abstracts International, Volume: 54-08, Section: A, page: 3134.

Thesis (Ph.D.)--Southern Illinois University at Carbondale, 1993.

What might be the impact of price adjustments for fighting socialist shortages? Under what conditions, would price adjustments as a policy option be effective in improving production and supply? And, what is the role institutional reform could possibly play in price reform?Subjects--Topical Terms:

517137
Economics.

Shortages, work effort, and price adjustments: A look at China's economic reform since the late 70s.
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100 1 $a Wang, Zhaoping. $3 3285271
245 1 0 $a Shortages, work effort, and price adjustments: A look at China's economic reform since the late 70s.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 1993
300 $a 131 p.
500 $a Source: Dissertation Abstracts International, Volume: 54-08, Section: A, page: 3134.
500 $a Major Professor: Michael P. Shields.
502 $a Thesis (Ph.D.)--Southern Illinois University at Carbondale, 1993.
520 $a What might be the impact of price adjustments for fighting socialist shortages? Under what conditions, would price adjustments as a policy option be effective in improving production and supply? And, what is the role institutional reform could possibly play in price reform?
520 $a This paper analyzes these issues. It creates a general disequilibrium model, for which "search cost" under shortages replaces the market price as the key variable linking demand to supply, and within which policy options such as price adjustments can be evaluated. Structurally, this model differs from conventional equilibrium and disequilibrium models in the literature. Derived, as it is, from the Chinese experiences, the model is flexible enough to accommodate various economic assumptions and conditions. It is a framework of general significance.
520 $a As distinguished from the representative models (e.g., Weitzman's 1991 model) in the literature, this paper suggests that socialist shortages are a real rather than a nominal problem; that the supply side not be ignored; and that price adjustments be effective in encouraging supply rather than discouraging demand. In addition, it concludes that institutional reform would create favorable conditions for price reform.
520 $a This paper also essentializes China's fourteen-year-old economic reform, a major historical event which is drawing more and more attention from the rest of the world.
590 $a School code: 0209.
650 4 $a Economics. $3 517137
650 4 $a Economic theory. $3 1556984
650 4 $a Economic history. $2 fast $3 548503
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710 2 $a Southern Illinois University at Carbondale. $3 718932
773 0 $t Dissertation Abstracts International $g 54-08A.
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791 $a Ph.D.
792 $a 1993
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9403175