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A Theory of Market Transition: From Redistribution to Markets in State Socialism
Abstract
State socialist redistributive economies are characterized by the allocation and distribution of goods through central planning. This paper develops a theory of market transition which argues that, in reforming socialist economies, the transition from redistributive to market coordination shifts sources of power and privilege to favor direct producers relative to redistributors. The shit improves incentives for direct producers, stimulates the growth of private markets, and provides to entrepreneurs -an alternative path for socioeconomic mobility. A set of hypotheses test the market transition theory with householdand village-level data.
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Citations
Cites
The Transition from Capitalism to Socialism
Stephens, J. D. (1979) · doi:10.1007/978-1-349-16171-3 · Cited by 1,184
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From Homogenization to Pluralism: International Management Research in the Academy and Beyond
Tsui, A. S. (2007) · Academy of Management Journal · doi:10.5465/amj.2007.28166121 · Cited by 486
Economic Transformation and Income Inequality in Urban China: Evidence from Panel Data
Zhou, X. (2000) · American Journal of Sociology · doi:10.1086/210401 · Cited by 477
The First Shall Be Last? Entrepreneurship and Communist Cadres in the Transition from Socialism
Rona-Tas, A. (1994) · American Journal of Sociology · doi:10.1086/230499 · Cited by 469
The Chinese General Social Survey (2003-8): Sample Designs and Data Evaluation
Bian, Y., & Li, L. (2012) · Chinese Sociological Review · doi:10.2753/csa2162-0555450104 · Cited by 275
Metadata
- Authors
- Nee, V.
- Venue
- American Sociological Review
- Publisher
- SAGE Publications
- Published
- 1989-10
- Volume
- 54
- Issue
- 5
- Pages
- 663
- ISSN
- 0003-1224 (ISSN-L)
- OpenAlex
- W2323529639
- Cited by
- 959
- References
- 1
- FWCI
- 23.97
- Type
- journal article
- Language
- en
- Open access
- closed
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