The Study Of China Economic Institutional Change

Firstly, this thesis analyzes the common points between the optimal control theory and the institutional change. According those analyses, This paper draws the conclusions about the feasibility that the optimal control theory can wield in the institutional change.Secondly, under the hypothesis that the relationship is "capture" between the government and the second group, this thesis focus the attention on the points how to find the best institutional change path. And what's more, we will get the optimal control system and settle t functions. From the conclusion, this paper will give the counterpart meaning of economy, such as the reforming cycle and so on.Lastly, This thesis construct some index about the institutional change, such as market liberation index and so on. And then estimates china's economic institutional change path over the period 1979-1992.fortunately, empirical findings are consistent with our dynamic model.