A Political Economy Pattern of China's History: On Revolution, Reform, and Involution under Dictatorship

Jiancai Pi ()
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Jiancai Pi: China Center for Economic Research, Peking University

Interdisciplinary Description of Complex Systems - scientific journal, 2008, vol. 6, issue 1, 21-27

Abstract: This paper aims to develop an integrated analytical framework for revolution, reform, and involution under dictatorship based on China’s history. In order to grasp the essence of political and economic interactions in historic China, this paper gets some abstract variables from China's history, on the basis of which a political economy model is built. The autocrat plays an important role in determining authority form and development pattern, which endogenously brings about different outcomes of revolution, reform, and involution. When the economic system is closed, path-dependence plays an important role, however, when the system is open, we should not attach much importance to path-dependence.

Keywords: revolution; reform; involution; dictatorship; path-dependence; China's history (search for similar items in EconPapers)
JEL-codes: D74 O12 P40 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:zna:indecs:v:6:y:2008:i:1:p:21-27

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