中文摘要：

本文首先分析“岭南模式”的文化特征及其制度含义，我们认为岭南文化是一种具有工具理性倾向的精神理念，着重于指向当下的实效和功利，能成为市场体制有效运行的前提条件。我们认为广东的经济转轨是岭南文化与市场体制相互匹配的结果。在此基础上，本文提出文化与市场体制相匹配的理论，并构建一个简单的制度匹配费用最小化模型，以解释“岭南模式”的内在机理与理论逻辑。本文的结论是，若正式制度和非正式制度相匹配，则它们的匹配成本实现了最小化，因此构成了整个制度系统的纳什均衡解。

英文摘要：

The paper analyzes the cultural characteristics of the Model of the South of the Five Ridges and the institutional meanings. Based on the analysis, the culture of the South of the Five Ridges is considered as a spiritual idea of instrumental rationality trend, which focuses on the contemporary practical results and utility and can precisely be the preconditions necessary for the efficient operation of the market system. Therefore, the paper holds the view that the economic transition in Guangdong is a mutual matching process between the culture of the South of the Five Ridges and the market system. On such basis, the paper puts forward a theory of matching the culture and the market system, and sets up a simple minimization model on institutional matching cost to exphin the inherent mechanism and theoretical logic of ＇ the model of the South of the Five Ridges＇ . Then it is concluded thatif the formal institutions match with the informal institutions, their matching cost win be minimized, which therefore forms the Nash equilibrium solution for the whole institution.