Taizhou Model: Institutional Innovation and the Development of Private Economy

14 Pages Posted: 28 May 2008

See all articles by Qian Tao

Qian Tao

Zhejiang University - College of Economics

Shi Jinchuan

Zhejiang University - College of Economics

Abstract

Based on the case of Taizhou City in Zhejiang Province, the present paper investigates the mechanism of the interaction between the local government and private enterprise in the process of regional economic development. We identify the Taizhou Model as a model of institutional innovation and the development of private economy, which is private sector-induced and local government-promoted Indeed, the impact of such mechanisms has had a significant influence on the reforms and development of China s economic system.

Keywords: development, institutional innovation, private sector, Taizhou Model

JEL Classification: O18, P25, R11, R58

Suggested Citation

Tao, Qian and Jinchuan, Shi, Taizhou Model: Institutional Innovation and the Development of Private Economy. China & World Economy, Vol. 16, No. 3, pp. 106-119, May-June 2008, Available at SSRN: https://ssrn.com/abstract=1138052 or http://dx.doi.org/10.1111/j.1749-124X.2008.00117.x

Qian Tao (Contact Author)

Zhejiang University - College of Economics ( email )

Yuquan Campus 38 Zheda Road
Hangzhou, Zhejiang 310027
China

Shi Jinchuan

Zhejiang University - College of Economics ( email )

Yuquan Campus 38 Zheda Road
Hangzhou, Zhejiang 310027
China

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