Zhao, Chogjie with Chingrui Xu, "Feedback and Delay in Planned Economy System", 1986
ua435
Slow feedback and passive control are the major problems in pure planned economy country. In this paper we compare two kinds of economy control forms which exist now: planned control and market control, prove why our country take economy reform as the main work in the Seventh 5-Year Plan and show what function these reforms will have. The method is based on system dynamics. Simulation tell us: the difference between planned economy and market economy consists in their feedback control form, if we can combine the advantage in market control with our system, our economy system will be improved greatly.