Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/158566
Authors: 
Ren, Chongqiang
Zhai, Guofang
Zhou, Shutian
Li, Shasha
Chen, Wei
Year of Publication: 
2017
Series/Report no.: 
Economics Discussion Papers 2017-24
Abstract: 
China has experienced extraordinary institutional and socio-economic changes after 1978, and its deepening reform to market-oriented economy since 1990s was also recognized as one the most significant factors to drive China's rise in the contemporary world. Although many aspects of China's market reform have been extensively analysed in the literature, specific attention on the adaptation of economic growth to this reform has been relatively ignored. To fill this gap, this research adopts the extenics assessment method to assess this adaptation and applies the membership function coordination degree model to analyse the sustainability of such adaptation. In conclusion, China has demonstrated a significantly enhanced adaptation capacity at the expense of coordination, which requires to be further emphasised in its economic growth adaptation strategies.
Subjects: 
economic adaptation
extenics assessment method
membership function coordination degree model
market economy reform
JEL: 
A11
O11
P21
P41
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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