IDEAS home Printed from https://ideas.repec.org/a/wsi/jicepx/v10y2019i03ns1793993319500145.html
   My bibliography  Save this article

The “China Miracle”: Thinking on Economic Theory Innovation

Author

Listed:
  • Bin Xia

    (Counselors Office of The State Council of The People’s Republic of China, Beijing, China2National Economics Foundation, Beijing, China)

Abstract

Starting with explaining the differences between theory and experience, based on various schools of economic theories, this paper sorts out and evaluates different views of Chinese Economists’ theoretical summaries of the “economic miracle” for 40 years since reform and opening-up, and then analyses four fundamental reasons behind the divergence among the economists. The paper expresses the understanding of Chinese Economics, the School of Chinese Economics and the Socialist Political Economy with Chinese Characteristics and puts forward several issues for further improvement on innovations of economic theory.

Suggested Citation

  • Bin Xia, 2019. "The “China Miracle”: Thinking on Economic Theory Innovation," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 10(03), pages 1-16, October.
  • Handle: RePEc:wsi:jicepx:v:10:y:2019:i:03:n:s1793993319500145
    DOI: 10.1142/S1793993319500145
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1793993319500145
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S1793993319500145?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mark Blaug, 1997. "Great Economists before Keynes," Books, Edward Elgar Publishing, number 1237.
    2. Vaughn,Karen I., 1998. "Austrian Economics in America," Cambridge Books, Cambridge University Press, number 9780521637657, October.
    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. Constantinos Repapis, 2014. "J.M. Keynes, F.A. Hayek and the Common Reader," Economic Thought, World Economics Association, vol. 3(2), pages 1-1, September.
    2. Mario Rizzo, 2013. "Foundations of The Economics of Time and Ignorance," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 45-52, March.
    3. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, August.
    4. Virgil Henry Storr, 2019. "Ludwig Lachmann’s peculiar status within Austrian economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(1), pages 63-75, March.
    5. Nataliia Bondarenko & Alina Krainiak, 2021. "Evolution of Approaches to the Interpretation of the Essence of Wages and Its Functions in Modern Economic Conditions," Oblik i finansi, Institute of Accounting and Finance, issue 3, pages 107-117, September.
    6. Ferlito, Carmelo, 2018. "Economics: A Science of Meaning," EconStor Preprints 190821, ZBW - Leibniz Information Centre for Economics.
    7. Giuseppe Conti, 2015. "Gli economisti accademici italiani dell'Ottocento. Una storia "documentale.", by Massimo M. Augello (with the collaboration of Francesco Celiano and Giovanna De Santi)," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 22(4), pages 730-734, August.
    8. Graham Brownlow & Esmond Birnie, 2018. "Rebalancing and Regional Economic Performance: Northern Ireland in A Nordic Mirror," Economic Affairs, Wiley Blackwell, vol. 38(1), pages 58-73, February.

    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:wsi:jicepx:v:10:y:2019:i:03:n:s1793993319500145. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jicep/jicep.shtml .

    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.