| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2010: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2009: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Research Abstract |
This study empirically investigates how Chinese planned economy can be interpreted as a development strategy. The main results through this study are as follows. First, we can find a technical progress in a planned economy era of China except several seriously disordered periods like the Great Leap Forward and the start and finish of the Cultural Revolution. Second, allocative efficiency of productive factors like working capital and so forth is improved on micro level to some extent, even in those days. These results suggest that the planned economy era of China as development strategy formed good foundations for starting economic reform following it with respect to production technology and allocation of productive factors.
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