IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v9y2006i1p217-235.html
   My bibliography  Save this article

The Economic Sociology of China's Market Transition: A Conceptual Analysis

Author

Listed:
  • Khan Pyo Lee

Abstract

Despite central importance of the market under China's reform context, astonishingly little attention has been paid to the question of what exactly the market is and what constitutes “marketization. †This paper seeks to remedy the limitations of previous literature on China's market transition by specifying the definition of markets and their underlining organizational and structural diversity. Instead of undifferentiated, abstract notion of the market as an amorphous price-making mechanism in the mainstream economics, the paper adopts a view of the market as defined in economic sociology: that the market is a concrete social institution, more or less embodying diverse organizational principles that evolved under different historical context, and socially constructed by actors embedded in a web of institutional affiliations and networks of social ties. From this conceptual background, I derive propositions regarding different connotations of “marketization†and the path dependent nature of market formation in the context of China s transition away from bureaucratic allocation.

Suggested Citation

  • Khan Pyo Lee, 2006. "The Economic Sociology of China's Market Transition: A Conceptual Analysis," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 9(1), pages 217-235, March.
    • Handle: RePEc:sae:intare:v:9:y:2006:i:1:p:217-235
    DOI: 10.1177/223386590600900111
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386590600900111
    Download Restriction: no
    File URL: https://libkey.io/10.1177/223386590600900111?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Paul S. Adler, 2001. "Market, Hierarchy, and Trust: The Knowledge Economy and the Future of Capitalism," Organization Science, INFORMS, vol. 12(2), pages 215-234, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Arvind Ashta & Djamchid Assadi, 2009. "An Analysis of European Online micro-lending Websites," Working Papers CEB 09-059.RS, ULB -- Universite Libre de Bruxelles.
    2. Parinov, Sergey, 2022. "Micro-level description of the economic coordination," MPRA Paper 114816, University Library of Munich, Germany.
    3. Isabel Miralles & Domenico Dentoni & Stefano Pascucci, 2017. "Understanding the organization of sharing economy in agri-food systems: evidence from alternative food networks in Valencia," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 34(4), pages 833-854, December.
    4. Sulin Ba & Jan Stallaert & Andrew B. Whinston, 2001. "Research Commentary: Introducing a Third Dimension in Information Systems Design—The Case for Incentive Alignment," Information Systems Research, INFORMS, vol. 12(3), pages 225-239, September.
    5. Natalya Yu. VLASOVA & Elena L. MOLOKOVA, 2019. "Mechanisms for coordinating stakeholders of the higher education market: Theoretical approaches to identification," Upravlenets, Ural State University of Economics, vol. 10(2), pages 21-30, May.
    6. Natalia Szozda & Artur Świerczek, 2022. "Upstream and downstream dyad governance within the network structures: Creating supply chain governance for the customized products," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(2), pages 873-898, June.
    7. Qin, Li & De-Juan-Vigaray, María D., 2021. "Social commerce: Is interpersonal trust formation similar between U.S.A. and Spain?," Journal of Retailing and Consumer Services, Elsevier, vol. 62(C).
    8. Martine Gadille & Alena Siarheyeva, 2014. "Limits to the construction of a community-based open innovation network and implications for specialisation of a small urban area," International Journal of Knowledge-Based Development, Inderscience Enterprises Ltd, vol. 5(2), pages 152-172.
    9. Francisco Javier Carrillo, 2016. "Knowledge markets: a typology and an overview," International Journal of Knowledge-Based Development, Inderscience Enterprises Ltd, vol. 7(3), pages 264-289.
    10. Parinov, Sergey, 2022. "Экономическая Координация Как Результат Координирующего Поведения Агентов [Economic coordination as a coordinating behavior of human agents]," MPRA Paper 112190, University Library of Munich, Germany.
    11. Jackson, Stephen & Philip, George, 2010. "A techno-cultural emergence perspective on the management of techno-change," International Journal of Information Management, Elsevier, vol. 30(5), pages 445-456.
    12. Arghya Ghosh & Hodaka Morita, 2017. "Knowledge transfer and partial equity ownership," RAND Journal of Economics, RAND Corporation, vol. 48(4), pages 1044-1067, December.
    13. Karbowski, Adam, 2009. "Sieci społeczne i technologiczne: wpływ na proces powstawania innowacji w gospodarce [Social and Technological Networks and its Effects on Innovation Dynamics]," MPRA Paper 73624, University Library of Munich, Germany.
    14. Kenney, Martin & Patton, Donald, 2003. "Innovation and Social Capital in Silicon Valley," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt25w6w54t, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    15. Hicham Sebti, 2007. "Le Contrôle Des Activites Externalisees : Le Cas Des Offices Nationaux Marocains," Post-Print halshs-00543110, HAL.
    16. Roberto Casarin & Niccolò Casnici & Pierpaolo Dondio & Flaminio Squazzoni, 2015. "Back to Basics! The Educational Gap of Online Investors and the Conundrum of Virtual Communities," Journal of Financial Management, Markets and Institutions, Società editrice il Mulino, issue 1, pages 51-69, June.
    17. Ian Cunningham & Philip James, 2009. "The outsourcing of social care in Britain: what does it mean for voluntary sector workers?," Work, Employment & Society, British Sociological Association, vol. 23(2), pages 363-375, June.
    18. Cleland, Jonelle & Rogers, Abbie A., 2010. "Putting the Spotlight on Attribute Definition: a knowledge base approach," Research Reports 107578, Australian National University, Environmental Economics Research Hub.
    19. Rodrigo Canales, 2014. "Weaving Straw into Gold: Managing Organizational Tensions Between Standardization and Flexibility in Microfinance," Organization Science, INFORMS, vol. 25(1), pages 1-28, February.
    20. Gorton, Matthew & Tocco, Barbara & Yeh, Ching-Hua & Hartmann, Monika, 2018. "What determines consumers’ trust in the EU’s organic label? A cross country comparison of the role of institutional trust and consumer knowledge," 2018 Annual Meeting, August 5-7, Washington, D.C. 273857, Agricultural and Applied Economics Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intare:v:9:y:2006:i:1:p:217-235. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.