The structure of all institutions: theoretical analysis, inference and empirical facts
May 11, 2020 14:50 Source: Chinese bet365 bonus code indiana Magazine Author: Yang Chunxue Yang Xinming

  Abstract:Adherence to "two unwavering principles" is the basic national policy of bet365 bonus code indiana reform。This national policy and the basic socialist economic system itself implies a dynamic bet365 bonus code indiana systemStructural Concept。Provide an academic theoretical basis for this concept,Is an important task of socialist political economics with Chinese characteristics。In pure theory,This is an optimal ownership structure problem,It is an optimal problem under the constraints after incorporating the differences in objective functions between public-owned enterprises and non-public-owned enterprises into the model。Of course,If constraints differ due to differences in development stages and bet365 bonus code indiana systems,There will be different moderate structures。In socialist China,Public-owned enterprises are naturally endowed with the goal of maximizing bet365 bonus code indiana welfare,More than just a tool to compensate for market failures,It is an important foundation for the entire bet365 bonus code indiana and economic development。“Public ownership is the main body、Common development of multiple ownership economies”,Including competition between public-owned enterprises and non-public-owned enterprises、Dynamic mechanism of cooperation and integration。

  Keywords:All institutional structures Objective function bet365 bonus code indiana justice Microscopic efficiency

  Author Yang Chunxue,Professor of Capital University of Economics and Business (Beijing 100070);Yang Xinming,Researcher, Institute of Economics, Chinese Academy of bet365 bonus code indiana (Beijing 100836)。

Editor: Cui Cen
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