The Dual-Entity of Market Competition : Establishment and Development of Mezzoeconomics book cover
1st Edition

The Dual-Entity of Market Competition
Establishment and Development of Mezzoeconomics

  • Available for pre-order. Item will ship after December 28, 2021
ISBN 9781032155869
December 28, 2021 Forthcoming by Routledge
320 Pages 20 B/W Illustrations

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Book Description

The relationship between the government and the market lies at the heart of Economics as a discipline. This title approaches this issue with a new lens termed mezzoeconomics—a branch of modern economics that mainly studies regional economic entities and the allocation of regional resources after they are generated.

Combining mezzoeconomic theory with practice in the light of China’s Reform and Opening-up, the author analyzes regional governments’ participation in market competition, enterprises and regional governments as dual entities of market competition, and a mature market economy featuring a strong form of effective government and efficient market. Three corresponding theories are proposed, the Regional Government Competition Theory, the Dual-Entity of Market Competition Theory (DEMC), and the "Double Strong Forms" Theory. The author hopes that these theories of mezzoeconomics can build a new, effective theoretical model and serve as a guidance for regional governments to reform and innovate their governance philosophy and policies.

This book will be of keen interest to students and scholars of economics and regional governance.

Table of Contents

Part One. 1. Principal Market Players in Microeconomy, Mezzoeconomy and Macroeconomy and Their Behavior Analysis. 2. Overview of Economic Behavior of Regional Governments. 3. Resource Generation and Categorization of Three Types of Resources. Part Two. 4. Dual Attributes of Government. 5. Regional Government Competition. 6. Competitive Economic Growth. 7. Government Foresighted Leading (GFL). 8. New Engines of Economic Development. Part Three. 9. On the Dual-Entity of Market Competition (DEMC). 10. “Double Strong Forms” Theory in a Mature Market Economy. 11. Several Consensuses on Governmental Economic Behavior.

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Chen Yunxian is a senior economist, guest professor and PhD supervisor in Harvard University, the Hong Kong Polytechnic University, Peking University and Sun Yat-sen University, etc. His major academic publications include Government Foresighted Leading: Theory and Practice of the World’s Regional Economic Development (2017), Regional Government Competition (2019), etc.