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Redistribution in a Decentralized Economy: Growth and Inflation in China under Reform

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Cited by:

  1. Chengsi Zhang & Yueteng Zhu, 2020. "The interest group theory of financial development in China: Openness and the role of interest groups," The World Economy, Wiley Blackwell, vol. 43(4), pages 982-999, April.
  2. Miroslav Prokopijevic, 2002. "Does growth further improve economic freedom?," ICER Working Papers 16-2002, ICER - International Centre for Economic Research.
  3. Aaberge, Rolf & Liu, Kai & Zhu, Yu, 2017. "Political uncertainty and household savings," Journal of Comparative Economics, Elsevier, vol. 45(1), pages 154-170.
  4. Ferrara, Maria & Garofalo, Antonio & Agovino, Massimiliano, 2020. "Disinflation costs in China and monetary policy regimes," Economic Modelling, Elsevier, vol. 93(C), pages 586-594.
  5. Park, Albert & Sehrt, Kaja, 2001. "Tests of Financial Intermediation and Banking Reform in China," Journal of Comparative Economics, Elsevier, vol. 29(4), pages 608-644, December.
  6. Franklin Allen & Jun & Chenying Zhang & Mengxin Zhao, 2012. "China's Financial System: Opportunities and Challenges," NBER Chapters, in: Capitalizing China, pages 63-143, National Bureau of Economic Research, Inc.
  7. Andrew Feltenstein & Saleh M. Nsouli, 2003. ""Big Bang" Versus Gradualism in Economic Reforms: An Intertemporal Analysis with an Application to China," IMF Staff Papers, Palgrave Macmillan, vol. 50(3), pages 1-6.
  8. Allen, Franklin & Zhang, Chenying & Qian, Jun & Zhao, Mengxin, 2011. "China's Financial System: Opportunities and Challenges," Working Papers 11-54, University of Pennsylvania, Wharton School, Weiss Center.
  9. Sebastián Claro, 2002. "Tariff and FDI Liberalization: What to Expect from China's Entry into the WTO?," Documentos de Trabajo 209, Instituto de Economia. Pontificia Universidad Católica de Chile..
  10. Brandt, Loren & Zhu, Xiaodong, 2001. "Soft budget constraint and inflation cycles: a positive model of the macro-dynamics in China during transition," Journal of Development Economics, Elsevier, vol. 64(2), pages 437-457, April.
  11. Michael Funke, 2005. "Inflation in Mainland China - Modelling a Roller Coaster Ride," Working Papers 152005, Hong Kong Institute for Monetary Research.
  12. Zhao, Binjie & Tan, Jianhua & Chan, Kam C., 2022. "Does a CEO's prior academic experience helpful to an IPO firm? The case of IPO discount," Finance Research Letters, Elsevier, vol. 47(PB).
  13. Yin Zhang & Guanghua Wan, 2005. "China's Business Cycles: Perspectives from an AD–AS Model," Asian Economic Journal, East Asian Economic Association, vol. 19(4), pages 445-469, December.
  14. Sai Ding & John Knight, 2011. "Why has China Grown So Fast? The Role of Physical and Human Capital Formation," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(2), pages 141-174, April.
  15. Wei Xiong, 2018. "The Mandarin Model of Growth," NBER Working Papers 25296, National Bureau of Economic Research, Inc.
  16. John Knight & Sai Ding, 2008. "Why has China Grown so Fast? The Role of Structural Change," Economics Series Working Papers 415, University of Oxford, Department of Economics.
  17. Hongsheng Fang & Minyuan He & Dandan Dang & Jun Zhang, 2020. "Endogenous cyclical corporate tax burden in China: The role of tax quotas and growth targets," The World Economy, Wiley Blackwell, vol. 43(12), pages 3314-3339, December.
  18. Jiang, Yanqing, 2011. "Understanding openness and productivity growth in China: An empirical study of the Chinese provinces," China Economic Review, Elsevier, vol. 22(3), pages 290-298, September.
  19. repec:zbw:bofitp:2018_001 is not listed on IDEAS
  20. Wang, Xi & Liu, Ying & Chen, Zhongfei, 2022. "Monetary policy dysregulation with data distortion," Economic Modelling, Elsevier, vol. 116(C).
  21. Zhu, Xiaodong, 2021. "The varying shadow of China's banking system," Journal of Comparative Economics, Elsevier, vol. 49(1), pages 135-146.
  22. repec:wyi:journl:002199 is not listed on IDEAS
  23. repec:zbw:bofitp:2006_012 is not listed on IDEAS
  24. Sylviane GUILLAUMONT JEANNENEY & Samuel GUERINEAU, 2003. "Deflation in China," Working Papers 200323, CERDI.
  25. Wen Yao & Xiaodong Zhu, 2021. "Structural Change And Aggregate Employment Fluctuations In China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(1), pages 65-100, February.
  26. Chenggang Xu, 2011. "The Fundamental Institutions of China's Reforms and Development," Journal of Economic Literature, American Economic Association, vol. 49(4), pages 1076-1151, December.
  27. Sebastián Claro, 2004. "Vertical and Horizontal Dimensions of Trade Liberalization," Documentos de Trabajo 265, Instituto de Economia. Pontificia Universidad Católica de Chile..
  28. Nauro F. Campos & Abrizio Coricelli, 2002. "Growth in Transition: What We Know, What We Don't, and What We Should," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 793-836, September.
  29. Loren Brandt & Trevor Tombe & Xiadong Zhu, 2013. "Factor Market Distortions Across Time, Space, and Sectors in China," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 39-58, January.
  30. Loren Brandt & Trevor Tombe & Xiadong Zhu, 2013. "Factor Market Distortions Across Time, Space, and Sectors in China," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 39-58, January.
  31. Song, Zheng (Michael) & Xiong, Wei, 2018. "Risks in China’s financial system," BOFIT Discussion Papers 1/2018, Bank of Finland, Institute for Economies in Transition.
  32. He, Qing & Leung, Pak-Ho & Chong, Terence Tai-Leung, 2013. "Factor-augmented VAR analysis of the monetary policy in China," China Economic Review, Elsevier, vol. 25(C), pages 88-104.
  33. Bhatt, Vipul & Liao, Mouhua & Zhao, Min Qiang, 2023. "Government policy and land price dynamics: A quantitative assessment of China’s factor market reforms," Regional Science and Urban Economics, Elsevier, vol. 98(C).
  34. Dong, Xiao-Yuan & Putterman, Louis, 2003. "Soft budget constraints, social burdens, and labor redundancy in China's state industry," Journal of Comparative Economics, Elsevier, vol. 31(1), pages 110-133, March.
  35. He, Qing & Chen, Haiqiang, 2014. "Recent macroeconomic stability in China," China Economic Review, Elsevier, vol. 30(C), pages 505-519.
  36. Sylviane GUILLAUMONT JEANNENEY & Ping HUA, 2001. "The Balassa-Samuelson effect and inflation in the Chinese provinces," Working Papers 200106, CERDI.
  37. Gang Gong & Jian Gao, 2008. "Monetary policy under fixed exchange regime: A study on the future monetary policy in China," Psychometrika, Springer;The Psychometric Society, vol. 3(2), pages 169-208, June.
  38. Loren Brandt & Debin Ma & Thomas G. Rawski, 2014. "From Divergence to Convergence: Reevaluating the History behind China's Economic Boom," Journal of Economic Literature, American Economic Association, vol. 52(1), pages 45-123, March.
  39. Brandt, Loren & Li, Hongbin, 2003. "Bank discrimination in transition economies: ideology, information, or incentives?," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 387-413, September.
  40. Hasan, Iftekhar & Wachtel, Paul & Zhou, Mingming, 2009. "Institutional development, financial deepening and economic growth: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 33(1), pages 157-170, January.
  41. Dongmin Kong & Ling Zhu & Ni Qin, 2022. "Does corruption shape firm centralisation? Evidence from state‐owned enterprises in China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(3), pages 3365-3395, September.
  42. repec:zbw:bofitp:2005_006 is not listed on IDEAS
  43. Ge, Ying & Qiu, Jiaping, 2007. "Financial development, bank discrimination and trade credit," Journal of Banking & Finance, Elsevier, vol. 31(2), pages 513-530, February.
  44. Zhang, Chengsi & Zhu, Yueteng & Lu, Zhe, 2015. "Trade openness, financial openness, and financial development in China," Journal of International Money and Finance, Elsevier, vol. 59(C), pages 287-309.
  45. Yin Zhang & Guanghua Wan, 2004. "Output and Price Fluctuations in China's Reform Years: What Role did Money Play?," WIDER Working Paper Series RP2004-56, World Institute for Development Economic Research (UNU-WIDER).
  46. Xin Wang & Yi Wen, 2019. "Macroeconomic effects of government spending in China," Pacific Economic Review, Wiley Blackwell, vol. 24(3), pages 416-446, August.
  47. Lu Ming & Zhao Chen & Yongqin Wang & Yan Zhang & Yuan Zhang & Changyuan Luo, 2013. "China’s Economic Development," Books, Edward Elgar Publishing, number 14502.
  48. Li Xian Liu & Milind Sathye, 2019. "Bank Interest Rate Margin, Portfolio Composition and Institutional Constraints," JRFM, MDPI, vol. 12(3), pages 1-21, July.
  49. Guerineau, Samuel & Guillamont Jeanneney, Sylviane, 2005. "Deflation in China," China Economic Review, Elsevier, vol. 16(4), pages 336-363.
  50. Lee Branstetter & C. Fritz Foley, 2010. "Facts and Fallacies about US FDI in China," NBER Chapters, in: China's Growing Role in World Trade, pages 513-539, National Bureau of Economic Research, Inc.
  51. Loren Brandt & Gueorgui Kambourov & Kjetil Storesletten, 2018. "Barriers to Entry and Regional Economic Growth in China," Working Papers tecipa-622, University of Toronto, Department of Economics.
  52. Carsten A Holz & Aaron Mehrotra, 2013. "Wage and price dynamics in a large emerging economy: The case of China," BIS Working Papers 409, Bank for International Settlements.
  53. Sylviane Guillaumont Jeanneney & Ping Hua, 2002. "L'effet Balassa-Samuelson et les différences d'inflation entre les provinces chinoises," Revue d’économie du développement, De Boeck Université, vol. 10(3), pages 33-60.
  54. Maria Csanádi & Ferenc Gyuris & Wanjun Wang, 2020. "Opening up the black box: Interacting subspheres through enterprise entry and exit in China," CERS-IE WORKING PAPERS 2037, Institute of Economics, Centre for Economic and Regional Studies.
  55. Zhang, Lingxiang, 2013. "Modeling China's inflation dynamics: An MRSTAR approach," Economic Modelling, Elsevier, vol. 31(C), pages 440-446.
  56. Feltenstein, Andrew & Iwata, Shigeru, 2005. "Decentralization and macroeconomic performance in China: regional autonomy has its costs," Journal of Development Economics, Elsevier, vol. 76(2), pages 481-501, April.
  57. Imran Hanif & Pilar Gago-de Santos, 2017. "Impact of Fiscal Decentralization on Private Savings in a Developing Country," Journal of South Asian Development, , vol. 12(3), pages 259-285, December.
  58. Jing Xing & Clemens Fuest, 2018. "Central-local government fiscal relations and cyclicality of public spending: evidence from China," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(4), pages 946-980, August.
  59. repec:zbw:bofitp:2022_006 is not listed on IDEAS
  60. Feng, Shuaizhang & Guo, Naijia, 2021. "Labor market dynamics in urban China and the role of the state sector," Journal of Comparative Economics, Elsevier, vol. 49(4), pages 918-932.
  61. Chen, Yibiao & Wang, Steven Shuye & Li, Wei & Sun, Qian & Tong, Wilson H.S., 2015. "Institutional environment, firm ownership, and IPO first-day returns: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 32(C), pages 150-168.
  62. Jorg Scheibe, 2003. "The Chinese Output Gap During the Reform Period 1978-2002," Economics Series Working Papers 179, University of Oxford, Department of Economics.
  63. Aivazian, Varouj A. & Ge, Ying & Qiu, Jiaping, 2005. "Can corporatization improve the performance of state-owned enterprises even without privatization?," Journal of Corporate Finance, Elsevier, vol. 11(5), pages 791-808, October.
  64. Shih, Victor & Zhang, Qi & Liu, Mingxing, 2007. "Comparing the performance of Chinese banks: A principal component approach," China Economic Review, Elsevier, vol. 18(1), pages 15-34.
  65. Yi Wen & Xin Wang, 2013. "Multiplier Effects of Government Spending: A Tale of China," 2013 Meeting Papers 214, Society for Economic Dynamics.
  66. Zhu, D., 2006. "Essays on financial structure and macroeconomic performance," Other publications TiSEM 24c51821-c7c3-4684-acf8-8, Tilburg University, School of Economics and Management.
  67. James Laurenceson & Corrine Dobson, "undated". "China’s business cycles since 1979: a chronology and comparative analysis," EAERG Discussion Paper Series 1705, School of Economics, University of Queensland, Australia.
  68. Miyamoto, Katsuhiro & Yu, Jinping, 2000. "Macroeconomic Policy and Ownership Structure in a Mixed Transition Economy," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 762-785, December.
  69. Gong, Gang & Lin, Justin Yifu, 2008. "Deflationary expansion: An overshooting perspective to the recent business cycle in China," China Economic Review, Elsevier, vol. 19(1), pages 1-17, March.
  70. Yao, Zhiyong & Gu, Dingwei & Cao, Wen, 2019. "SOEs as intermediation: Leakage effect under financial repression," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 349-361.
  71. Zhang, Chengsi & Murasawa, Yasutomo, 2012. "Multivariate model-based gap measures and a new Phillips curve for China," China Economic Review, Elsevier, vol. 23(1), pages 60-70.
  72. Vines, David & Scheibe, Jörg, 2005. "A Phillips Curve for China," CEPR Discussion Papers 4957, C.E.P.R. Discussion Papers.
  73. Li, Cheng, 2010. "Government Size and Macroeconomic Stability: Sub-National Evidence from China," MPRA Paper 28226, University Library of Munich, Germany.
  74. Liu, Xiaohui & Lu, Jiangyong & Chizema, Amon, 2014. "Top executive compensation, regional institutions and Chinese OFDI," Journal of World Business, Elsevier, vol. 49(1), pages 143-155.
  75. Wang, Boqun & Yang, Dennis Tao, 2021. "Volatility and Economic Systems: Evidence from A Large Transitional Economy," MPRA Paper 106624, University Library of Munich, Germany.
  76. Jiejing Wang, 2020. "Urban government capacity and economic performance: An analysis of Chinese cities," Environment and Planning A, , vol. 52(5), pages 981-1004, August.
  77. Yikai Wang, 2014. "Will China Escape the Middle-income Trap? A Politico-economic Theory of Growth and State Capitalism," 2014 Meeting Papers 202, Society for Economic Dynamics.
  78. David L. Kelly, 2006. "Subsidies to Industry and the Environment," Working Papers 0602, University of Miami, Department of Economics.
  79. Carsten A. Holz & Aaron Mehrotra, 2016. "Wage and Price Dynamics in China," The World Economy, Wiley Blackwell, vol. 39(8), pages 1109-1127, August.
  80. Chen, Yen-Hsiao & Quan, Lianfeng & Liu, Yang, 2013. "An empirical investigation on the temporal properties of China's GDP," China Economic Review, Elsevier, vol. 27(C), pages 69-81.
  81. Xi Li & Xuewen Liu & Yong Wang, 2015. "A Model of China's State Capitalism," HKUST IEMS Working Paper Series 2015-12, HKUST Institute for Emerging Market Studies, revised Feb 2015.
  82. Michael Funke, 2005. "Inflation in Mainland China - Modelling a Roller Coaster Ride," Working Papers 152005, Hong Kong Institute for Monetary Research.
  83. Hu, Yichuan & Li, Chang & Qin, Cong, 2020. "The impact of regional financial depth on outbound cross-border mergers and acquisitions," Journal of International Money and Finance, Elsevier, vol. 104(C).
  84. Daoju Peng & Kang Shi & Juanyi Xu & Yue Zhou, 2020. "SOE and Chinese Real Business Cycle," Annals of Economics and Finance, Society for AEF, vol. 21(2), pages 415-469, November.
  85. Ying Wu & Hong Yao, 2015. "Income Inequality, State Ownership, and the Pattern of Economic Growth – A Tale of the Kuznets Curve for China since 1978," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(2), pages 165-180, June.
  86. Jisheng Yang, 2010. "Expectation, excess liquidity and inflation dynamics in China," Frontiers of Economics in China, Springer;Higher Education Press, vol. 5(3), pages 412-429, September.
  87. Jun Zhang, 2008. "China's Economic Growth: Trajectories and Evolving Institutions," WIDER Working Paper Series RP2008-33, World Institute for Development Economic Research (UNU-WIDER).
  88. Garth Heutel & David L. Kelly, 2013. "Incidence and Environmental Effects of Distortionary Subsidies," NBER Working Papers 18924, National Bureau of Economic Research, Inc.
  89. Lai, Tat-kei & Wang, Luhang, 2022. "Spatial disparity of skill premium in China : The role of financial intermediation development," BOFIT Discussion Papers 6/2022, Bank of Finland, Institute for Economies in Transition.
  90. Beladi, Hamid & Chao, Chi-Chur & Ee, Mong Shan & Yu, Eden S.H., 2019. "Capital market distortion, firm entry and wage inequality," China Economic Review, Elsevier, vol. 56(C), pages 1-1.
  91. Franklin Allen & Xian Gu, 2021. "Shadow banking in China compared to other countries," Manchester School, University of Manchester, vol. 89(5), pages 407-419, September.
  92. Wu, Ying, 2009. "Measuring China's monetary sterilization and autonomy in the era of globalization: 1995-2005," Journal of Asian Economics, Elsevier, vol. 20(3), pages 336-347, May.
  93. Jeffrey Zax, 2014. "Housing allocations, imputed rents and inequality in urban China," ERSA conference papers ersa14p1682, European Regional Science Association.
  94. Nagayasu, Jun, 2009. "Regional Inflation in China," MPRA Paper 24722, University Library of Munich, Germany.
  95. Hasan, Iftekhar & Wachtel, Paul & Zhou, Mingming, 2009. "Institutional development, financial deepening and economic growth: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 33(1), pages 157-170, January.
  96. Narayan, Paresh Kumar & Narayan, Seema & Smyth, Russell, 2009. "Understanding the inflation-output nexus for China," China Economic Review, Elsevier, vol. 20(1), pages 82-90, March.
  97. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.
  98. Ms. Yuanyan S Zhang, 2011. "Credit Market Imperfection and Sectoral Asymmetry of Chinese Business Cycle," IMF Working Papers 2011/118, International Monetary Fund.
  99. Austin, Darran & Ward, Bert & Dalziel, Paul, 2007. "The demand for money in China 1987-2004: A non-linear modelling approach," China Economic Review, Elsevier, vol. 18(2), pages 190-204.
  100. Guillaumont Jeanney, Sylviane & HUA, Ping, 2002. "The Balassa-Samuelson effect and inflation in the Chinese provinces," China Economic Review, Elsevier, vol. 13(2-3), pages 134-160.
  101. Song, Zheng (Michael) & Xiong, Wei, 2018. "Risks in China's financial system," BOFIT Discussion Papers 1/2018, Bank of Finland Institute for Emerging Economies (BOFIT).
  102. John Knight & Sai Ding, 2010. "Why Does China Invest So Much?," Asian Economic Papers, MIT Press, vol. 9(3), pages 87-117, Fall.
  103. Feng, Shuaizhang & Guo, Naijia, 2019. "Labor Market Dynamics in Urban China and the Role of the State Sector," IZA Discussion Papers 12170, Institute of Labor Economics (IZA).
  104. BAI, Chong-En & QIAN, Zhenjie, 2010. "The factor income distribution in China: 1978-2007," China Economic Review, Elsevier, vol. 21(4), pages 650-670, December.
  105. Shuaizhang Feng & Naijia Guo, 2019. "Labor Market Dynamics in Urban China and the Role of the State Sector," Working Papers 2019-008, Human Capital and Economic Opportunity Working Group.
  106. Garth Heutel & David L. Kelly, 2016. "Incidence, Environmental, and Welfare Effects of Distortionary Subsidies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 361-415.
  107. Park, Albert & Shen, Minggao, 2003. "Joint liability lending and the rise and fall of China's township and village enterprises," Journal of Development Economics, Elsevier, vol. 71(2), pages 497-531, August.
  108. Claro, Sebastian, 2006. "Supporting inefficient firms with capital subsidies: China and Germany in the 1990s," Journal of Comparative Economics, Elsevier, vol. 34(2), pages 377-401, June.
  109. Lee Branstetter & Nicholas Lardy, 2006. "China's Embrace of Globalization," NBER Working Papers 12373, National Bureau of Economic Research, Inc.
  110. Xu, Jintao & Tao, Ran & Amacher, Gregory S., 2004. "An empirical analysis of China's state-owned forests," Forest Policy and Economics, Elsevier, vol. 6(3-4), pages 379-390, June.
  111. Vipul Bhatt & Mouhua Liao & Min Qiang Zhao, 2019. "Government Policy and Land Price Dynamics: A Quantitative Assessment of China's Factor Market," Working Papers 2019-07-03, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
  112. Carsten A Holz & Aaron Mehrotra, 2013. "Wage and price dynamics in a large emerging economy: The case of China," BIS Working Papers 409, Bank for International Settlements.
  113. Qing He & Jack W. Hou & Boqun Wang & Ning Zhang, 2014. "Time-varying volatility in the Chinese economy: A regional perspective," Papers in Regional Science, Wiley Blackwell, vol. 93(2), pages 249-268, June.
  114. Feng Lu, Susan & Yao, Yang, 2009. "The Effectiveness of Law, Financial Development, and Economic Growth in an Economy of Financial Repression: Evidence from China," World Development, Elsevier, vol. 37(4), pages 763-777, April.
  115. He, Qing & Tai-Leung Chong, Terence & Shi, Kang, 2009. "What accounts for Chinese Business Cycle?," China Economic Review, Elsevier, vol. 20(4), pages 650-661, December.
  116. Wei Xiong, 2019. "The Mandarin Model of Growth," Working Papers 2019-10, Princeton University. Economics Department..
  117. Xuhong Su & Kelan Lu & Xiangming Hu & Yuqiong Xiang, 2019. "Reforms on county-level fiscal governance in China: impact on urban-rural income inequality," International Review of Public Administration, Taylor & Francis Journals, vol. 24(2), pages 81-100, April.
  118. Feng Guo & Ying Huang, 2010. "Hot Money and Business Cycle Volatility: Evidence from China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 18(6), pages 73-89, November.
  119. Maria Csanádi & Ferenc Gyuris, 2020. "Uneven Economic Overheating in a Transforming Party-State During the Global Crisis: The Case of China," CERS-IE WORKING PAPERS 2036, Institute of Economics, Centre for Economic and Regional Studies.
  120. repec:zbw:bofitp:2014_003 is not listed on IDEAS
  121. Beladi, Hamid & Chao, Chi-Chur & Ee, Mong Shan, 2016. "Capital Market Distortion, Firm Dynamics and Wage Inequality," RIEI Working Papers 2016-05, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration.
  122. Han, Xue & Frey, Gregory E. & Geng, Yude & Cubbage, Frederick W. & Zhang, Zhaohui, 2018. "Reform and efficiency of state-owned forest enterprises in Northeast China as “social firms”," Journal of Forest Economics, Elsevier, vol. 32(C), pages 18-33.
  123. Laurenceson, James & Rodgers, Danielle, 2010. "China's macroeconomic volatility -- How important is the business cycle?," China Economic Review, Elsevier, vol. 21(2), pages 324-333, June.
  124. Gang Gong & Jian Gao, 2006. "The Independent Monetary Policy under the Fixed Exchange Regime," Computing in Economics and Finance 2006 517, Society for Computational Economics.
  125. GONG Gang & GAO Jian, 2008. "Monetary policy under fixed exchange regime: A study on the future monetary policy in China," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 3(2), pages 169-208, June.
  126. Holz, Carsten A., 2011. "The unbalanced growth hypothesis and the role of the state: The case of China's state-owned enterprises," Journal of Development Economics, Elsevier, vol. 96(2), pages 220-238, November.
  127. Xu, Cheng-Gang & Maskin, Eric, 2001. "Soft Budget Constraint Theories: From Centralization to the Market," CEPR Discussion Papers 2715, C.E.P.R. Discussion Papers.
  128. Samuel Marden, 2016. "The agricultural roots of industrial development: ‘forward linkages’ in reform era China," Working Paper Series 09116, Department of Economics, University of Sussex Business School.
  129. Samuel Marden, 2016. "The agricultural roots of industrial development: ‘forward linkages’ in reform era China," Working Paper Series 9116, Department of Economics, University of Sussex.
  130. Daoju Peng & Kang ShiAuthor-Workplace-Name: Chinese University of Hong Kong & Juanyi XuAuthor-Workplace-Name: Hong Kong University of Science and Technology, 2016. "SOE and Chinese Real Business Cycle," Working Papers 022016, Hong Kong Institute for Monetary Research.
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