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Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China

Citations

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Cited by:

  1. Giancarlo Corsetti & Meredith Crowley & Lu Han & Huasheng Song, 2018. "Markets and Markups: A New Empirical Framework and Evidence on Exporters from China," Discussion Papers 1803, Centre for Macroeconomics (CFM).
  2. Ma, Hong & Ning, Jingxin & Xu, Mingzhi (Jimmy), 2021. "An eye for an eye? The trade and price effects of China's retaliatory tariffs on U.S. exports," China Economic Review, Elsevier, vol. 69(C).
  3. Shiyi Chen & Wanlin Liu & Hong Song, 2020. "Broadband Internet, Firm Performance, And Worker Welfare: Evidence And Mechanism," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1146-1166, July.
  4. Baccini, Leonardo & Impullitti, Giammario & Malesky, Edmund J., 2019. "Globalization and state capitalism: Assessing Vietnam's accession to the WTO," Journal of International Economics, Elsevier, vol. 119(C), pages 75-92.
  5. Lin William Cong & Sabrina T. Howell, 2021. "Policy Uncertainty and Innovation: Evidence from Initial Public Offering Interventions in China," Management Science, INFORMS, vol. 67(11), pages 7238-7261, November.
  6. Ma, Hongqi & Zou, Jingxian, 2022. "Impacts of official high-standard scenic spots on environment and growth — Evidence from China's 5A scenic spots at the city level," Ecological Economics, Elsevier, vol. 201(C).
  7. Wang, Jian & Wang, Xiao, 2015. "Benefits of foreign ownership: Evidence from foreign direct investment in China," Journal of International Economics, Elsevier, vol. 97(2), pages 325-338.
  8. Michael Rubens, 2023. "Market Structure, Oligopsony Power, and Productivity," American Economic Review, American Economic Association, vol. 113(9), pages 2382-2410, September.
  9. Thomas Piketty & Li Yang & Gabriel Zucman, 2019. "Capital Accumulation, Private Property, and Rising Inequality in China, 1978–2015," American Economic Review, American Economic Association, vol. 109(7), pages 2469-2496, July.
  10. Cheng, Chen & Qiu, Ke & Yang, Yufan, 2024. "The imprint effect of initial institutional environments and bank financing in family businesses," Emerging Markets Review, Elsevier, vol. 63(C).
  11. Lyu, Zhuoyang & Yu, Li & Liu, Chen & Ma, Tiemeng, 2024. "When temperatures matter: Extreme heat and labor share," Energy Economics, Elsevier, vol. 138(C).
  12. Feng Dong & Dongzhou Mei & Haoning Sun, 2025. "A Macroeconomic Model of Structural Monetary Policy in China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(5), pages 1813-1834, December.
  13. Saul Estrin & Adeline Pelletier, 2018. "Privatization in Developing Countries: What Are the Lessons of Recent Experience?," The World Bank Research Observer, World Bank, vol. 33(1), pages 65-102.
  14. Xie, Tingting & Yuan, Ye, 2023. "Go with the wind: Spatial impacts of environmental regulations on economic activities in China," Journal of Development Economics, Elsevier, vol. 164(C).
  15. Michael König & Kjetil Storesletten & Zheng Song & Fabrizio Zilibotti, 2022. "From Imitation to Innovation: Where Is All That Chinese R&D Going?," Econometrica, Econometric Society, vol. 90(4), pages 1615-1654, July.
  16. Gao, Yuning & Cheng, Gengyun & Ma, Yingjun, 2021. "An analysis of the comprehensive efficiency and its determinants of China's National Champions: Competition Neutrality vs. Ownership Neutrality," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 320-329.
  17. David Autor & David Dorn & Gordon Hanson & Kaveh Majlesi, 2020. "Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure," American Economic Review, American Economic Association, vol. 110(10), pages 3139-3183, October.
  18. Ana P. Fernandes & Heiwai Tang, 2020. "How Did the 2003 SARS Epidemic Shape Chinese Trade?," CESifo Working Paper Series 8312, CESifo.
  19. Ding, Sai & Kim, Minjoo & Zhang, Xiao, 2018. "Do firms care about investment opportunities? Evidence from China," Journal of Corporate Finance, Elsevier, vol. 52(C), pages 214-237.
  20. Huang, Geng & Lin, Xi & He, Ling-Yun, 2023. "Good for the environment? Foreign investment opening in service sector and firm's energy efficiency," Energy Economics, Elsevier, vol. 127(PA).
  21. David Autor & David Dorn & Gordon H. Hanson & Gary Pisano & Pian Shu, 2020. "Foreign Competition and Domestic Innovation: Evidence from US Patents," American Economic Review: Insights, American Economic Association, vol. 2(3), pages 357-374, September.
  22. Tan, Jing & Liu, Tianyi & Xu, Hao, 2024. "The environmental and economic consequences of environmental centralization: Evidence from China's environmental vertical management reform," China Economic Review, Elsevier, vol. 84(C).
  23. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2024. "The Political Development Cycle: The Right and the Left in People's Republic of China from 1953," American Economic Review, American Economic Association, vol. 114(4), pages 1107-1139, April.
  24. Rong, Zhao & Wu, Xiaokai & Boeing, Philipp, 2017. "The effect of institutional ownership on firm innovation: Evidence from Chinese listed firms," Research Policy, Elsevier, vol. 46(9), pages 1533-1551.
  25. Li, Wencong & Yang, Xingquan & Yin, Xingqiang, 2022. "Non-state shareholders entering of state-owned enterprises and equity mispricing: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 84(C).
  26. Zhang, Shijin & Zhang, Weiwei & Chen, Fu & Guo, Bingxin, 2023. "Does the mixed-ownership reform of Chinese state-owned enterprises improves their total factor productivity?," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
  27. Wei Xiong, 2018. "The Mandarin Model of Growth," NBER Working Papers 25296, National Bureau of Economic Research, Inc.
  28. Torsten Heinrich & Jangho Yang & Shuanping Dai, 2020. "Growth, development, and structural change at the firm-level: The example of the PR China," Papers 2012.14503, arXiv.org.
  29. Jiang, Kun & Wang, Susheng, 2022. "Internal labor markets with two types of promotion and two tiers of salary: theory and evidence from China," China Economic Review, Elsevier, vol. 72(C).
  30. Lu, Saite & Shen, Jim H. & Li, Weiping & Zhang, Jun, 2020. "A theory of economic development and dynamics of Chinese economy," Economic Modelling, Elsevier, vol. 86(C), pages 69-87.
  31. Karplus, Valerie J. & Geissmann, Thomas & Zhang, Da, 2021. "Institutional complexity, management practices, and firm productivity," World Development, Elsevier, vol. 142(C).
  32. Berkowitz, Daniel & Nishioka, Shuichiro, 2024. "The growth of firms, markets and rents: Evidence from China," Journal of Comparative Economics, Elsevier, vol. 52(2), pages 383-399.
  33. Dzhamilya Nigmatulina, 2022. "Sanctions and misallocation. How sanctioned firms won and Russia lost," CEP Discussion Papers dp1886, Centre for Economic Performance, LSE.
  34. Haiyan Ding & Hui He, 2018. "A Tale of Transition: An Empirical Analysis of Economic Inequality in Urban China, 1986-2009," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 106-137, July.
  35. Kou, Zonglai & Tang, Yue & Wu, Hong & Zhou, Min, 2023. "Ownership, volatility, and equity incentives: Theory and evidence from listed companies in China," Economic Modelling, Elsevier, vol. 128(C).
  36. Loren Brandt & Gueorgui Kambourov & Kjetil Storesletten, 2026. "Barriers to Entry and Regional Economic Growth in China," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 93(1), pages 286-326.
  37. Vasily Astrov & Vladislav L. Inozemtsev & Nina Vujanović, 2022. "Monthly Report No. 03/2022," wiiw Monthly Reports 2022-03, The Vienna Institute for International Economic Studies, wiiw.
  38. Voszka, Éva, 2020. "Állami vagy magántulajdon? Adalékok egy dichotómia értelmezéséhez [Public or private ownership? Some remarks on the interpretation of a dichotomy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1193-1216.
  39. Bussolo, Maurizio & de Nicola, Francesca & Panizza, Ugo & Varghese, Richard, 2022. "Politically connected firms and privileged access to credit: Evidence from Central and Eastern Europe," European Journal of Political Economy, Elsevier, vol. 71(C).
  40. Haoyu Gao & Hong Ru & Robert Townsend & Xiaoguang Yang, 2019. "Rise of Bank Competition: Evidence from Banking Deregulation in China," NBER Working Papers 25795, National Bureau of Economic Research, Inc.
  41. Li, Xiaolu & Ma, Lin & Tang, Yang, 2024. "Migration and resource misallocation in China," Journal of Development Economics, Elsevier, vol. 167(C).
  42. Chen, Xiaowei & Hu, Zhilin & Lin, Liguo, 2025. "Safety regulations and firm productivity," China Economic Review, Elsevier, vol. 89(C).
  43. Zhao, Da & Zhang, Jun & Tang, Jue, 2024. "Job insecurity and fertility: Evidence from massive lay-offs in urban China," Journal of Asian Economics, Elsevier, vol. 94(C).
  44. Jie Bai & Panle Jia Barwick & Shengmao Cao & Shanjun Li, 2025. "Quid Pro Quo, Knowledge Spillovers, and Industrial Quality Upgrading: Evidence from the Chinese Auto Industry," American Economic Review, American Economic Association, vol. 115(11), pages 3825-3852, November.
  45. Thomas Piketty & Li Yang & Gabriel Zucman, 2017. "Appendix to "Capital Accumulation, Private Property and Rising Inequality in China, 1978-2015"," PSE Working Papers halshs-02659212, HAL.
  46. Crowley, Meredith A. & Meng, Ning & Song, Huasheng, 2019. "Policy shocks and stock market returns: Evidence from Chinese solar panels," Journal of the Japanese and International Economies, Elsevier, vol. 51(C), pages 148-169.
  47. Allen, Franklin & Gu, Xian & Li, C. Wei & Qian, Jun “QJ” & Qian, Yiming, 2023. "Implicit guarantees and the rise of shadow banking: The case of trust products," Journal of Financial Economics, Elsevier, vol. 149(2), pages 115-141.
  48. van der Wouden, Frank, 2022. "Are Chinese cities getting smarter in terms of knowledge and technology they produce?," World Development, Elsevier, vol. 150(C).
  49. Kjetil Storesletten & Bo Zhao & Fabrizio Zilibotti, 2019. "Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective," Cowles Foundation Discussion Papers 2191, Cowles Foundation for Research in Economics, Yale University.
  50. Ge, Jinfeng & Yuan, Yangzhou, 2022. "Bubble into reallocation: How bubbles improve capital allocation in China," China Economic Review, Elsevier, vol. 75(C).
  51. Chen, Jean Jinghan & Cui, Chuantao & Hunt, Richard A. & Li, Leona Shao-Zhi, 2020. "External enablement of new venture creation: An exploratory, query-driven assessment of China's high-speed rail expansion," Journal of Business Venturing, Elsevier, vol. 35(6).
  52. Zhou, Kuo & Qu, Zhi & Wei, Zhixuan & Zhao, Jiyang, 2023. "Does government fiscal pressure matter for firm environmental performance? The role of environmental regulation and tax competition," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1187-1204.
  53. Cheng, Hong & Fan, Hanbing & Hoshi, Takeo & Hu, Dezhuang, 2024. "State ownership, political connection, and innovation subsidies in China," Journal of the Japanese and International Economies, Elsevier, vol. 71(C).
  54. Jia, Zhijie & Wen, Shiyan & Lin, Boqiang, 2024. "Would behaviors of state-owned enterprises impact the performance of downstream industries in China?," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 1007-1035.
  55. Zhang, Qiong & Shi, Yupeng & He, Angda & Wen, Xueting, 2017. "Property rights security and firm survival: Micro-data evidence from China," China Economic Review, Elsevier, vol. 44(C), pages 296-310.
  56. Kjetil Storesletten & Gueorgui Kambourov & Loren Brandt, 2016. "Firm Entry and Regional Growth Disparities: the Effect of SOEs in China," 2016 Meeting Papers 182, Society for Economic Dynamics.
  57. Sun, Ang & Sun, Wei & Xiang, Wang & Zhang, Huili & Zhang, Junsen, 2026. "Narrowing or widening the gender gap in market and domestic work? The impact of workweek reduction reform in China," Journal of Development Economics, Elsevier, vol. 179(C).
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  59. Jiawen Xu & Chenye Liu, 2025. "Firm ownership and systemic risk: mechanism and evidence from China," Risk Management, Palgrave Macmillan, vol. 27(2), pages 1-36, May.
  60. Manu, Ana S. & McAdam, Peter & Willman, Alpo, 2022. "China’s great expansion: The role of factor substitution and technical progress," European Economic Review, Elsevier, vol. 141(C).
  61. Zheng Liu & Pengfei Wang & Zhiwei Xu, 2021. "Interest Rate Liberalization and Capital Misallocations," American Economic Journal: Macroeconomics, American Economic Association, vol. 13(2), pages 373-419, April.
  62. Maria D. Tito & Ruoying Wang, 2017. "Exporting and Frictions in Input Markets : Evidence from Chinese Data," Finance and Economics Discussion Series 2017-077, Board of Governors of the Federal Reserve System (U.S.).
  63. He, Ming & Chen, Yang & van Marrewijk, Charles, 2021. "The effects of urban transformation on productivity spillovers in China," Economic Modelling, Elsevier, vol. 95(C), pages 473-488.
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  66. Huang, Xiulu & Wang, Xiaoyu & Ge, Pengfei, 2024. "Selective industrial policy and innovation resource misallocation," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 124-146.
  67. Daniel Berkowitz, 2020. "Declining Market Competition in China," Working Paper 6897, Department of Economics, University of Pittsburgh.
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  132. Loren Brandt & Feitao Jiang & Yao Luo & Yingjun Su, 2022. "Ownership and Productivity in Vertically Integrated Firms: Evidence from the Chinese Steel Industry," The Review of Economics and Statistics, MIT Press, vol. 104(1), pages 101-115, March.
  133. Shao, Yuchen & Xiao, Chengrui, 2019. "Corporate tax policy and heterogeneous firm innovation: Evidence from a developing country," Journal of Comparative Economics, Elsevier, vol. 47(2), pages 470-486.
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