The role of the state in making a national market

Wubiao Zhou (Division of Sociology, School of Humanities and Social Sciences, Nanyang Technological University, Singapore)

China Agricultural Economic Review

ISSN: 1756-137X

Publication date: 7 September 2010

Abstract

Purpose

The paper aims to examine Karl Polanyi's view of market evolution in the context of the emergence of a national grain market in China's transition economy.

Design/methodology/approach

The dataset used includes information about inter‐provincial grain trade on China's grain market from November 1999 to October 2000. A priori blockmodelling method is used for hypothesis testing.

Findings

This paper finds that a partially integrated national grain market had emerged at the beginning of the twenty‐first century in China in spite of local protectionism. Additionally, the emergence of this market is found to be partly a result of the reform‐oriented state's attempt to create national wholesale grain markets.

Originality/value

The findings of the paper might have implications for market development in both China and other transition economies.

Keywords

Citation

Zhou, W. (2010), "The role of the state in making a national market", China Agricultural Economic Review, Vol. 2 No. 3, pp. 276-297. https://doi.org/10.1108/17561371011078426

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2010, Emerald Group Publishing Limited

Please note you might not have access to this content

You may be able to access this content by login via Shibboleth, Open Athens or with your Emerald account.
If you would like to contact us about accessing this content, click the button and fill out the form.
To rent this content from Deepdyve, please click the button.