A Research On Institutional Demand And Supply Of Private Economy In Our Country

The private economy developed with a great speed in the past 20 years of the reform and opening-up,which has made enormous contribution for the rapid development of national conomy. But inevitably ,there are a great deal of problems in the course of the private economy's growth.Through the domestic and international, achievements and practice of market economy in our country,we can draw the conclusion that the institution is one of the most important factors to the private economy.How to make the institution arrangement more effective becomes a topic in theory and practice.The research on private economy institution concentrates on the problems in private economy institution and the measures prevented from them.The current institution arrangement and construction's shortages and reform suggestions are studied. .But that is far away from perfecting private economy institution theory in the author's mind. The problem of private economy in our country is analysised though using Occident economics,game theory and new institutional economics in this article,which is an attempt for the research method of private economy institution. The problem about private economy is discovered in the aspect of institutional equilibrium.The private economy institution is divided into two levels to be analysed:the one is macro,the other is micro. Based on the acquirable research,using property right theory ,productive efforts theory,prisoners'dilemma and dynamic game models, this thesis's writer analyses the institutional equilibrium of the macro private economy institution and micro one in order to achieve the conditions of institutional equilibrium.The micro conditions of institutional equilibrium is clear property rights,the best cooperative relation, maximization of interests group's utility in the condition of scale economy and to provide the security to the funds offered by funds providers.The macro conditions of institutional equilibrium is scientific polcy, all-sided laws,market as the tool of weighing the right interests of private firm and to raise productive efforts of private firm.Then according the conditions a more effetcive institution is discovered.