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The Research on Dependent Paths and the Development of Emerging Industry in Chongqing.doc
The Research on Dependent Paths and the Development of Emerging Industry in Chongqing
Abstract
The Path Dependence Theory is widely applied to the study of theoretical models of the system economics in recent years. Based on it, this dissertation does a systematic study of Chongqing’s industry in the past decades. It is apparent that the development of Chongqing’s industry depends on some paths typically. According to the further analysis of positive and negative effects of the dependent paths, it reveals the mechanism of its evolution and dynamic development, and makes a judgment for the direction of Chongqing’s emerging industry.
Key words: Dependent paths; Emerging industry; Positive effect; Negative effect
Huang, L. X. (2015). The Research on Dependent Paths and the Development of Emerging Industry in Chongqing. Higher Education of Social Science, 8(4), -0. Available from: URL: http:///index.php/hess/article/view/6837
DOI: http:///10.3968/6837
INTRODUCTION
In the past two years, whatever China or the globe, are faced with the economic crisis which took the overproduction as the essential characteristics. In order to solve the economic crisis, the Chinese Government quickly issued a top ten industrial restructuring and rejuvenation program, but the main function of the restructuring and rejuvenation of these overproduction industries is to stabilize the economy and employment, control over the quickly economic decline. It is difficult to play a total and complete role to overcome the economic crisis. If the economy of China wanted to walk out the plight of economic crisis and entered a new round of rapid and healthy growth, it must rely on the rise of new industries. Modern international economic history shows that every major economic crisis is accompanied by the birth and growth of new industries, and eventually becomes a fundamental force to get rid of economic crisis.
1. THE PATH DEPENDENCE OF CHONGQING’S INDUSTRIAL DEVELOPMENT
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