| It is necessary to promote economic growth to prosper the nation and improve the people's life. Therefore economic growth is always the goal of the government and the citizens. How to promote and maintain economic growth is an important content that economics studies. Unfortunately, there is no common theory to interpret the cases of economic growth. Chinese economic growth is a new case, for it has changed remarkably. Before the reform, the speed of economic growth in China is slower than that after the reform. And the growth rate fluctuated greatly before the reform. How to explain the Chinese economic growth arouses great interest of many scholars. They analyzed Chinese economy from different aspect. The opinion that institution had greatly influenced Chinese economic growth is has strong persuasion. By analyzing the characteristic of Chinese economy, we found there is a consanguineous relationship between institution and economic growth. On the basis of former study, this paper discusses the close relations between institutions and Chinese economic growth with the expectation of getting useful conclusions.In this paper, both theoretic analysis and empirical analysis are used. In the beginning, it introduces some concepts and theories for further discussion. Enumerate a few definitions of institution, and adopt one of these definitions. It decomposes the institutions into three parts and analyses their effects on economic growth. It reviews the theories of economic growth and institutional change, and discusses the relations between the institutions and economic growth from the theoretic aspect. It reached the conclusions: they interact with each other. Economic growth decides the contents of the institution and the direction of its change. The institution influences the economic growth by affect the behavior of the people. After this, it looks back the course of Chinese economic growth and institutional change, and then interprets the reasons. It compares the institutions before and after the reform, and discusses the effects on the performance of economic growth. In the end of this part, it refers some problems that Chinese economy is facing and some flaw in the institutions. In the following part, it proves the effect of institutions on Chinese economic growth. By quantitative analysis, it evaluates the contribution of institution to economic growth. The result indicates that institutional change contributes 15% of the total economic growth. It demonstrates the importance of the institution again. It also indicates that the contributions maybe descend. In the end, some short conclusions and suggestion are listed according to the discussions in the paper. |
