Non -balanced economic growth in the vision of complex dynamics
September 12, 2023 15:33 Source: "China Social Sciences" September 12, 2023 Issue 2733 Author: Fang Yi

Economic growth is one of the most important themes of economic research。Related research not only helps to explore the factors that determine long -term economic development,Differences in the economic development of different countries,It also provides support for macroeconomic decisions in one country or region。For a long time,Smith proposed that only a steady -state equilibrium state of theoretical thinking is dominated by the mainstream economic theory,but non -balanced under the vision of complex dynamics,It provides a new perspective for understanding economic growth。

  bet365 live casino games  

Arro and Harne give strict definitions of the balanced concept of the general economy based on dynamic theory,The foundation and core of becoming the theory of New classical economic growth。In the neo -classical framework,The Path of Stable Balanced and Balanced Convergence is the core content of relevant analysis。Solo model uses neo -classicalism to produce functions,Constructing a simple general equilibrium model for a single product economy that does not consider individual decision -making。It can prove that it meets the decreased marginal output、Inada Condition,and the general Solo model framework with the general production function with Harold's neutral technology progress,The only steady -state balance in the economic bet365 best casino games system。At the same time,The Solo model reveals the system dynamic feature of the balanced economy at the macro -added level。First,Under the existing technical and institutional conditions,The total production function of the economic system meets certain constraints,Then its per capita income will converge to the only steady -state balance per capita income。2,The per capita income from the economic system, the farther the per capita income of the per capita income,The faster its convergence speed。

The diversity and non -monotonicity of the composition,and intricate interaction,All make the economic system often show non -stability features of complex systems,The nature of steady -state balance is increasingly questioned。Samuelson thinks,Non -equilibrium state even if it exists real,It must also be short -lived、Non -lasting。but but,Arthur thinks it is not this,Point out that non -equilibrium emphasizes interruption and destruction。There are two causes of non -balanced: one is the fundamental uncertainty or uncertainty in the meaning of Knight,Second, technological innovation or technological revolution。For the first reason,In view of the behavior of behavior, it will explore、Learning and adaptation,The economy will always be in the destroying movement; Xiong Peter emphasizes the second reason,I believe that technological innovation can destroy any equilibrium,This power comes from the re -coupling of technology and elements。

After Baro opened a study on economic growth and convergence since the bet365 best casino games 1980s,Solo model's system dynamic characteristics of the balanced economy have received unprecedented attention。Under this framework,The reasons why those countries with a lower level of economic development,It is far from balanced and steady.。but,Research on Empirical Research on Economic Growth of Multi -Countries shows the non -balanced nature of the departure,instead of absolute convergence。Another,Experience data also indicates,Some emerging market countries do not have the characteristics of balanced growth。Condition convergence theory Consid by,The development of various countries has a balanced level,This depends on various endowments related to economic development,But the cross -country sample test found that the experience of this theory is not sufficient。Group convergence theory thinks,There are differences in different regions due to initial development conditions,In the end, the group with different levels of development will be formed,But the economic development of areas with similar internal conditions in the group will show a convergence trend。Economic convergence theory must not only consider the economic convergence of balanced stability,Also consider the diversity of balanced stability,and the non -equilibrium process that jump between different equilibrium and stable state caused by uncertainty and technological revolution。

  The evolution of the complex economic system is not endogenous 

Non -equilibrium suggests that there are different stable state in the economic system,Multiple equilibrium research has become an Bet365 lotto review important aspect of dynamic economic growth。For different countries,People are more concerned about whether one country can jump from the existing economic steady state to the economic steady state of another country、The distance between different economic stability、Time to transition to the steady state of the new economy。From this,Scholars start to pay attention to local attractive sub -nature、Dynamic transfer to transition、Uncertain non -balanced content and other non -balanced contents。Existing literature has been proven,The non -balanced transition process has a series of complex dynamic features,Multivithopv ring involved in the balance point、Connect the balancing saddle point to its own fellow orbit、Omega Extreme Set、Chaos attracted child, etc.。

Starting from Complexity Economics,Place technology in the most significant position。Technical collection builds the support system for producers and consumers。evolution of technical collection,Not only reflects the evolution of the technical level,It also reflects the evolution of the system,Therefore, it is the core content of economic growth,It is also the key to form an unbalanced economic system。But,If the evolution of the technical collection is smooth,Then the economic system does not have the motivation to jump to a new equilibrium,Because this does not meet the system migration to different stable and equilibrium dynamic conditions。Harken's collaborative theory thinks,Economic systems form a competitive collaboration bet365 Play online games mechanism through the interaction between various subsystems,Therefore, resource allocation in the economic system,Promote the realization of various competition balance and game balance,This makes the steady state balance show a strong attractive effect,The restriction of the economic system cannot be separated from existing equilibrium。Only innovation promotes a revolutionary improvement of the technical collection,Only in order to overcome the existing stable and balanced collaborative consumption,Jump to a new steady -state balance。Xiong Peter thinks,Transformation and breakthrough innovation of production technology,Leading institutional change,At the same time, the unprecedented production factors and production conditions are introduced into the production function in a new combination method,Finally caused economic fluctuations in the long cycle。This indicates,Transition is not an easy task,"Medium -income Trap" and "Poverty Trap" are a good explanation; at the same time, it also indicates,The evolution of the technical collection may not be smooth,This is a reflection of non -balanced interruption and destruction features。

Because of the principle of respecting the free market economy,Western economists tend to economic systems that are self -organized,The evolution of the technical collection is the self -made student,This also means。But China has introduced from technology to integration innovation to independent innovation,In just a few decades, it has gone through the development process of bet365 live casino games hundreds of years in Western developed countries,This economic miracle has important non -balanced features,Significant economic fluctuations are the non -balanced features of Latin American economic reform and Eastern European economic transition,The role of government intervention is very obvious。So,What does it cause the government to differentiate the economic growth path under government intervention,Make different countries on a very different development path? What are the general laws of the economic growth of a country from the process of transitioning from a low -level and steady -state balance to a high level of high -level and steady -state equilibrium?,and the evolution mechanism of interaction and feedback of different heterogeneous micro -subjects,Further interpret the relationship between the government and the market,Study the mechanism of "design" for the mechanism system that studies non -self -made students to promote the evolution of complex economic systems。

Visible,Non -balanced is an important feature of economic growth。Display the non -equilibrium mechanism of economic growth between different equilibrium transitions under the perspective of complex dynamics,Help to jump out of the classic balanced analysis framework,Exploring the law of economic growth in a wider perspective,It also helps to promote the modernization of Chinese -style to a new level,Realize high -quality development in the new journey。

  (The author is a professor at the Economic Research Center of Jilin University) 

Editor in charge: Cui Bohan
QR code icons 2.jpg
bet365 live casino games Key recommendation
The latest article
Graphics
bet365 live casino games

Friendship link:

Website filing number: Jinggong.com Anxian 11010502030146 Ministry of Industry and Information Technology:

All rights reserved by China Social Sciences Magazine shall not be reprinted and used without permission

General Editor Email: zzszbj@126.com This website contact information: 010-85886809 Address: Building 1, Building 1, No. 15, Guanghua Road, Chaoyang District, Beijing: 100026