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CHINA Economic Review
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Volume	Authors
11(2000)	(1) B. Chen & Y. Feng; A. Szirmai & R. Ren; R.W. Mead; C. K. Xu; and C. Choe & X. Yin. (2) H. Zhou; S.-J. Wei, L. Liu, Z. Wang, & W.T. Woo; L.C. Xu & H.-F. Zou; Q. Yu & A.K. Tsui; and J. Sachs, X. Yang, & D. Zhang. (3) D.P. Coady & L. Wang; J. Lee; S. Song, G.S.F. Chu, & R. Chao; X. Xu; M. Zhou & X. Wang; and Y. Wu. (4) B. Chen and Y. Feng; D. Lu; X. Wu; K.H. Zhang and S. Song; J. Huang, S. Rozelle, and L. Zhang, D.G. Johnson; J.Y. Lin; A. Chen; L.K. Cheng, Y.-R. Cheong; F.-J. Richter; G.C. Chow; G.J. Wen; and X. Yang.
10 (1999)	(1) D.G. Johnson; M. Maurer-Fazio; S.W. Gao & Y. Yao; A. Bhattacharyya & E. Parker; and Y. Wang & X.N. Xu. (2) M. Feldstein; Y.F. Xu; D. Lu & Q. Yu; T.P. Schultz & Z. Yi; S.H. Li & P. Lian; and J. Cauley, R. Cornes, & T. Sandler.
9 (1998)	(1) Y.J. Wang & C. Chang; J.K. Huang & S. Rozelle; Y.H. Liu, S.B. Chew, & W.Z. Li; T. Zhu; Q. Yu; J.D. Sullivan; and G.H. Chang, G.H. Jefferson, N. Lardy, E. Parker, & T. Rawski. (2) D.G. Johnson; C. Riskin; J.Y.F. Lin & D.T. Yang; D.L. Yang & F.B. Su; and G.H. Chang & J.G.Z. Wen.
8 (1997)	(1) B.M. Fleisher, Y. Yin, & S.M. Hills; S.J. Wei & T. Wang; X.K. Yin; H.Z. Zhou; W.Y. Zhang; S.Q. Gao; T.G. Rawski; and Y. Zhou. (2) D.T. Yang; T.P. Lyons; S.H. Li; W.N. Mao & W.W. Koo; C.G. Brown; and M. Raiser.
7 (1996)	(1) T.L. Jian, J. Sachs, & A. Warner; S.H. Chen & M. Ravallion; J.R. Chiou; and F.R. Gunter. (2) C. Findlay; H.X. Wu; H.X. Wu & X. Meng (two); Y.S. Cheng (two); T. Nguyen, E.J. Cheng, & C. Findlay; Y.P. Huang & K.P. Kalirajan; K.P. Kalirajan & Y.P. Huang; G. Chow; R. Dornbusch; R.H. Holton; and C.G. Xu.
6 (1995)	(1) R.F. Garbaccio; J.D. Lewis, S. Robinson, & Z. Wang; V. Ruttan; J. Ma; G.H. Chang; P.S.K. Chi & C. Kao; and S.C. Smith. (2) Y.S. Huang; S.J. Wei; E. Parker; M. Hemesath & X. Pomponio; S.B. Herschler; L. Li, E. Parker, & T.G. Rawski; and A. Zhao & A.M. Chen.
5 (1994)	(1) W.S. Chern & T. Sicular; D.G. Johnson; A. Park, S. Rozelle, & C. Fang; W.S. Chern & G.J. Wang; D. Hare; W. Zhi & J. Kinsey; B.M. Fleisher, Y.H. Liu, & H.Y. Li; L.A. West & M.L. Pan; and L. Travers & J. Ma. (2) E. Parker; S.J. Wei & J. Frankel; L. Putterman & A.F. Chiacu; Y.F. Xu; H.F. Zou; G.H. Jefferson, T.G. Rawski, & Y.X. Zheng; and W.T. Woo, G. Fan, W. Hai, & Y.B. Jin.
4 (1993)	(1) V. Benziger; A.R. Khan, K. Griffin, C. Riskin, & R.W. Zhao; Y.J. Wang; J.G.Z. Wen & C. Zhang; H.J. Zhou; X.C. Zhou; and H.F. Zou. (2) J. Sachs; D.M. Newbery; G.C. Chow; S.Q. Gao; P. Chen; G.H. Jefferson; D.H. Perkins; W.T. Woo, G. Fan; W. Hai, & Y.B. Jin; C.B. Lee; A. Wood; X.K. Yang; B. Hofman; B. Naughton; S.C. Jha; Y. Wang & V. Thomas; and T.S. Yu.
3 (1992)	(1) X.K. Yang, J.G. Wang, & I. Wills; J. Cauley & T. Sandler; W.J. Shan; W.Z. Du; and X.H. Zhang. (2) A. Feltenstein & J.M. Ha; K.W. Li, C. Huang & D.P. Tang; D.G. Bei, A. Koontz, & L.X.Q. Lu; H.E. Khor; T. McKinley & L.N. Wang; R.W. Hafer; and G. Yi.
2 (1991)	(1) G. Yi, Y.J. Wang, J.D. Aram & X.L. Wang; G. Yi; R.Z. Zhang & M.Y.S. Tam; and M. Zhu. (2) J.A. Martellaro; K. Lee & S. Mark; C. Tisdell & J. Wen; J.W. Hou; J.Y.F. Lin; M.D. Bradley & S.C. Smith.
1 (1989/90)	(1) Y.C. Wang & L.R. Klein; W.A. Fischer; T. Bei & R.H. Holton; W.J. Shan; R.L. Tung; D.F. Simon; W.H. Davidson, D.M. Wang, & S.C. Hom; and W. Fischer. (2) K.T. Lau & J.C. Brada; X.K. Yang & G. Hogbin; M.H. Ye; G. Yi; D.D. Wang; and G.C. Chow.

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CHINA ECONOMIC REVIEW
Volume 1, Number 1, Spring 1989

CONTENTS

The Two-Gap Paradigm in the Chinese Case: A Pedagogical Exercise
YOUCAI WANG and LAWRENCE R. KLEIN	1
China as a Player in the World Economy
WILLIAM A. FISCHER	9
Interprovincial Trade and Economic Development in China
TAO BEI and RICHARD H. HOLTON	23
Reforms of China's Foreign Trade System: Experiences and Prospects
WEIJIAN SHAN	33
A Longitudinal Study of United States-China Business Negotiations
ROSALIE L. TUNG	57
China's New High-Tech Thrust: Beijing's Evolving Approaches to the Process of Innovation
DENIS FRED SIMON	73
Telecommunications Policy and Economic Development: Models for the People's Republic of China
WILLIAM H. DAVIDSON, DONG-MIN WANG, and SANDRA C. HOM	93
Book Review
Reviewed by WILLIAM FISCHER	109

CHINA ECONOMIC REVIEW
Volume 1, Number 2, Fall 1990

CONTENTS

Technological Progress and Technical Efficiency in Chinese Industrial Growth: A Frontier Production Function Approach
KAM-TIM LAU and JOSEF C. BRADA	113
The Optimum Hierarchy
XIAOKAI YANG and GEOFF HOGBIN	125
Economic Efficiency and Social Stability: A Stylized Short-Run Price Reform Model
MENG-HUA YE	141
Inflation and Price Stability: An Empirical Study of the People's Republic of China
GANG YI	155
A Model for China's Industrial Firms during the Transitional Period
DING D. WANG	167
Reflections
Teaching Economics and Studying Economic Reform in China
GREGORY C. CHOW	193

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CHINA ECONOMIC REVIEW
Volume 2, Number 1, Spring 1991
SPECIAL ISSUE
CHINESE ECONOMIC REFORM: RETROSPECT AND CONTEMPLATION

CONTENTS

Introduction
GANG YI	1
Economic Reform, Fixed Capital Investment Expansion, and Inflation: A Behavioral Model Based on the Chinese Experience
YIJIANG WANG	3
Lessons from Chinese State Economic Reform
JOHN D. ARAM and WANG XIAOLI	9
Managerial Autonomy, Fringe Benefits, and Ownership Structure: A Comparative Study of Chinese State and Collective Enterprises
GENG XIAO	47
The Monetization Process in China During the Economic Reform
GANG YI	75
Changes in Income Distribution in China in the Process of Economic Reform in the 1980s: A Welfare Approach
RENZE ZHANG and MO-YIN S. TAM	97
Determinants of China Trade Pattern: A Test of the Heckscher-Ohlin Theorem
MIN ZHU	115

CHINA ECONOMIC REVIEW
Volume 2, Number 2, Fall 1991

CONTENTS

Water Resources in the People's Republic of China: Control and Management
JOSEPH A. MARTELLARO	145
Privatization in China's Industry
KEUN LEE and SHELLEY MARK	157
Investment in China's Tourism Industry: Its Scale, Nature, and Policy Issues
CLEM TISDELL and JIE WEN	175
Wage Comparison by Gender and the Effect of Job Segregation: The Case of Taiwan
JACK W. HOU	195
Supervision, Peer Pressure, and Incentives in a Labor-Managed Firm
JUSTIN YIFU LIN	215
Financial Repression and Real Output: Macroeconomic Evidence from Yugoslavia
MICHAEL D. BRADLEY and STEPHEN C. SMITH	231
Index (Volumes 1-2)	249

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CHINA ECONOMIC REVIEW
Volume 3, Number 1, Spring 1992

CONTENTS

List of Contributed Papers
Economic Growth, Commercialization, and Institutional Changes in Rural China, 1979-1987
XIAOKAI YANG, JIANGUO WANG, and IAN WILLS	1
Agency Theory and the Chinese Enterprise Under Reform
JON CAULEY and TODD SANDLER	39
The Hybrid System and Continued Marketization of the Chinese Economy
WEIJIAN SHAN	57
Characteristics and Policy Issues in the Aging of China's Population
WENZHEN DU	75
Urban-Rural Isolation and Its Impact on China's Production and Trade Pattern
XIAOHE ZHANG	85

CHINA ECONOMIC REVIEW
Volume 3, Number 2, Fall 1990

CONTENTS

The Link Between Macroeconomic Adjustment and Sectoral Output in Post-Reform China
ANDREW FELTENSTEIN and JIMING HA	109
Savings, Foreign Resources and Monetary Aggregates in China 1954-1989
KUI WAI LI	125
Government Revenue, Expenditure, and National Income: A Granger Causal Analysis of the Case of Taiwan
CHI HUANG and D. P. TANG	135
Emerging Securities Market in the PRC
DUOGUANG BEI, ARDEN KOONTZ, and LEWIS XIANGQIAN LU	149
China-Macroeconomic Cycles in the 1980s
HOE EE KHOR	173
Housing and Wealth in Rural China
TERRY McKINLEY with LI NA WANG	195
Inflation and Price Instability in China: A Comment
R. W. HAFER	213
Inflation and Price Instability in China: Reply
GANG YI	219
New CES Fellows: The 5-Article Bibliographies	225
CES Annual Meetings (June 1992): List of Papers	227
Index	231

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CHINA ECONOMIC REVIEW
Volume 4, Number 1, Spring 1993

CONTENTS

China's Rural Road System During the Reform Period
VINCENT BENZIGER	1
Sources of Income Inequality in Post-Reform China
AZIZUR RAHMAN KHAN, KEITH GRIFFIN, CARL RISKIN, and ZHAO RENWEI	19
Eastern Europe and China: Institutional Development as a Resource Allocation Problem
YIJIANG WANG	37
Investment Under Risk in Property Rights
JAMES GUANZHONG WEN and CHU ZHANG	49
Bargaining and Market Decisions of State Enterprises in a Transition Economy
HUIZHONG ZHOU	55
Privatization Versus a Minimum Reform Package
XIAOCHUAN ZHOU	65
A Note on the Bauer-Kornai Investment Cycle Theory
HENG-FU ZOU	75

CHINA ECONOMIC REVIEW
Volume 4, Number 2, Fall 1993 (Index Issue)
SPECIAL ISSUE
China's Transition to the Market

This special issue is devoted to the selected papers of the Hainan Symposium, which was jointly sponsored by the Chinese Economists Society, Chinese Economic Association (UK) and China (Hainan) Institute for Reform and Development and was held July 1-3, 1993 in Haikou, Hainan, China. The copyrights of all articles in this issue belong to the Organizing Committee of the Hainan Symposium (OCHS) and JAI Press Inc. JAI Press gratefully acknowledges the support of OCHS for making this special issue possible.

CONTENTS

Introduction
BRUCE L. REYNOLDS	83

I. Overall Reform Strategy: Gradualism versus Big Bang

An Update on Reform in Eastern Europe and Russia
JEFFREY SACHS	85
Transformation in Mature Versus Emerging Economies: Why Has Hungary Been Less Successful Than China?
DAVID M. NEWBERY	89
How and Why China Succeeded in Her Economic Reform
GREGORY C. CHOW	117
Taking a Market-Oriented Direction and Pushing Forward in a Gradual Way--The Basic Experience of China's Economic Reform
GAO SHANGQUAN	129
China's Challenge to Economic Orthodoxy: Asian Reform as an Evolutionary, Self-organizing Process
PING CHEN	137

II. Reform in State-owned Industry

Summary of Panel Discussion on Enterprise Reform
GARY H. JEFFERSON	143
Summary: Why is Reforming State Owned Enterprises So Difficult?
DWIGHT H. PERKINS	149
The Efficiency and Macroeconomic Consequences of Chinese Enterprise Reform
WING THYE WOO, GANG FAN, WEN HAI, and YIBIAO JIN	153
China's Transition Towards the Market: "Socialization" of the Safety Net
CHINGBOON LEE	169
Joint Stock Companies with Rearranged Public Ownership: What Can We Learn from Recent Chinese and East European Experience with State Enterprises?
ADRIAN WOOD	181
Theories of Property Rights and China's Reforms
XIAOKAI YANG	195

III. Fiscal Control, Monetary Control, and Related Issues

An Analysis of Chinese Fiscal Data Over the Reform Period
BERT HOFMAN	213
Monetary Control and China's Most Recent Macroeconomic Cycle
BARRY NAUGHTON	231
Economic Reform in the People's Republic Of China and the Role of the Asian Development Bank
SATISH C. JHA	235
Market Supplanting Versus Market Fostering Interventions: China, East Asia and Other Developing Countries
YAN WANG AND VINOD THOMAS	243
The Price Paid for Accelerating Economic Growth --The Case of Taiwan
TZONG-SHIAN YU	259

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CHINA ECONOMIC REVIEW
Volume 5, Number 1, Spring 1994

CONTENTS

Introduction
Guest Editors: WEN S. CHERN and TERRY SICULAR	v
Does China have a Grain Problem?
D. GALE JOHNSON	1
China's Grain Policy Reforms: Implications for Equity, Stabilization, and Efficiency
ALBERT PARK, SCOTT ROZELLE, and CAI FANG	15
Engel Function and Complete Food Demand System for Chinese Urban Households
WEN S. CHERN and GUIJING WANG	35
Rural Nonagricultural Activities and their Impact on the Distribution of Income: Evidence from Farm Households in Southern China
DENISE HARE	59
Consumption and Saving Behavior under Strict and Partial Rationing
WANG ZHI and JEAN KINSEY	83
Financial Intermediation, Inflation, and Capital Formation in Rural China
BELTON M. FLEISHER, YUNHUA LIU, and HONGYI LI	101
The Role of Farm Household Investment and its Contribution to Agricultural Development in China
LORAINE A. WEST and MINLING PAN	117
Agricultural Productivity and Rural Poverty in China
LEE TRAVERS and JUN MA	141

CHINA ECONOMIC REVIEW
Volume 5, Number 2, Fall 1994 (Index Issue)

CONTENTS

Introduction
BRUCE L. REYNOLDS	000
Relative Efficiency in Chinese Urban Construction: A Comparison of State-Owned and Collective Enterprises After Reform
ELLIOTT PARKER	161
A "Greater China" Trade Bloc?
SHANG-JIN WEI and JEFFREY FRANKEL	179
Elasticities and Factor Weights for Agricultural Growth Accounting: A Look at the Data for China
LOUIS PUTTERMAN and ANA F. CHIACU	191
Trade Liberalization in China: A CGE Model with Lewis Rural Surplus Labor
YINGFENG XU	205
On the Dynamics of Privatization
HENG-FU ZOU	221
Productivity Change in Chinese Industry: A Comment
GARY H. JEFFERSON, THOMAS G. RAWSKI and YUXIN ZHENG	235
Productivity Change in Chinese Industry: Authors' Reply
WING THYE WOO, GANG FAN, WEN HAI and YIBIAO JIN	243

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CHINA ECONOMIC REVIEW
Volume 6, Number 1, Spring 1995

CONTENTS

Introduction
BRUCE L. REYNOLDS	v
Price Reform and Structural Change in the Chinese Economy: Policy Simulation Using a CGE Model
RICHARD F. GARBACCIO	1
Beyond the Uruguay Round: The Implications of an Asian Free Trade Area
JEFFREY D. LEWIS, SHERMAN ROBINSON, and ZHI WANG	35
Cultural Endowments and Economic Development: Implications for the Chinese Economies
VERNON W. RUTTAN	91
Modelling Central-local Fiscal Relations in China
JUN MA	105
What Caused the Hyperinflation at 'Big Bang': Monetary Overhang or Structural Distortion?
GENE HSIN CHANG	137
RESEARCH NOTES AND ACTIVITIES:
Direct Foreign Investment in China
PETER S. K. CHI and CHARNG KAO	149
Employee Participation in China's TVEs
STEPHEN C. SMITH	157

CHINA ECONOMIC REVIEW
Volume 6, Number 2, Fall 1995

CONTENTS

Introduction
BRUCE L. REYNOLDS	v
Strategic Investment Behavior of Chinese Local Governments during the Reform Era
YASHENG HUANG	169
Attracting Foreign Direct Investment: Has China Reached Its Potential?
SHANG-JIN WEI	187
Schumpeterian Creative Destruction and the Growth of Chinese Enterprises
ELLIOTT PARKER	201
Shorter Papers
Student Attitudes toward Markets: Comparative Survey Data from China, The United States and Russia
MICHAEL HEMESATH and XUN POMPONIO	225
Research Notes and Activities
The 1994 Tax Reforms: The Center Strikes Back
STEPHEN B. HERSCHLER	239
Report on the CES Shanghai Conference on Reformability of the State Sector in China
LING LI, ELLIOTT PARKER, and THOMAS RAWSKI	247
Report on the CES Tenth Annual Meeting: China's Emerging Market Federalism
ANNA ZHAO and AIMIN CHEN	251
Index	259

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CHINA ECONOMIC REVIEW
Volume 7, Number 1, Spring 1996

CONTENTS

Introduction
BRUCE L. REYNOLDS	v
Trends in Regional Inequality in China
TIANLUN JIAN, JEFFREY SACHS, and ANDREW WARNER	1
Data in Transition: Assessing Rural Living Standards in Southern China
SHAOHUA CHEN AND MARTIN RAVALLION	23
A Dominance Evaluation of Taiwan's Official Income Distribution Statistics, 1976-1992
JONG-RONG CHIOU	57
Capital Flight from the People's Republic of China: 1984-1993
FRANK R. GUNTER	77

SPECIAL ISSUE
Agricultural Reform: Evidence from CERU/MoA Survey
CHINA ECONOMIC REVIEW
Volume 7, Number 2, Fall 1996 (Index Issue)

CONTENTS

Introduction: Application of Household Survey Data to Current Issues in China's Grain Sector
CHRISTOPHER FINDLAY	v
ARTICLES
A Note on the CERU-MoA Grain Farm Household Survey in China
HARRY X. WU	97
The Direct Impact of the Relocation of Farm Labour on Chinese Grain Production
HARRY X. WU and XIN MENG	105
Do Chinese Farmers Reinvest in Grain Production?
HARRY X. WU and XIN MENG	123
China's Grain Marketing System Reform in 1993-1994: Empirical Evidence from a Rural Household Survey
YUK-SHING CHENG	135
A Decomposition Analysis of Income Inequality of Chinese Rural Households
YUK-SHING CHENG	155
Land Fragmentation and Farm Productivity in China in the 1990s
TIN NGUYEN, ENJIANG CHENG, and CHRISTOPHER FINDLAY	169
Technological Choice of Chinese Rice Farmers
YIPING HUANG and K.P. KALIRAJAN	181
An Alternative Method of Measuring Economic Efficiency: The Case of Grain Production in China
K.P. KALIRAJAN and YIPING HUANG	193
BOOK REVIEWS
Susumu Yabuki. China's New Political Economy: The Giant Awakes
GREGORY CHOW	205
Gregory Chow. Understanding China's Economy
RUDI DORNBUSCH	206
John Child. Management in China During the Age of Reform
RICHARD H. HOLTON	207
Barry Naughton. Growing Out of the Plan: Chinese Economic Reform, 1978-1993
CHENGGANG XU	209
Index	215

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CHINA ECONOMIC REVIEW
Volume 8, Number 1, Spring 1997
REFORMING THE STATE ENTERPRISE SECTOR

CONTENTS

Introduction
BRUCE REYNOLDS	v
ARTICLES
The Role of Housing Privatization and Labor-Market Reform in China's Dual Economy
BELTON M. FLEISHER, YONG YIN, and STEPHEN M. HILLS	1
The Siamese Twins: Do State-Owned Banks Favor State-Owned Enterprises in China?
SHANG-JIN WEI and TAO WANG	19
A Micro-Macroeconomic Analysis of the Chinese Economy with Imperfect Competition
XIANGKANG YIN	31
Partial Reform and Full Price Liberalization in the Short and the Long Run
HUIZHONG ZHOU	53
Decision Rights, Residual Claim and Performance: A Theory of How the Chinese State Enterprise Reform Works
WEIYING ZHANG	67
PERSPECTIVES ON CURRENT POLICY
China's Economic Restructuring, Structural Adjustment and Social Stability
GAO SHANGQUAN	83
China's State Enterprise Reform An Overseas Prospective
THOMAS G. RAWSKI	89
ANNOUNCEMENTS
Keeping Informed Through the Internet: A Table of Contents of Service for Chinese Economic and Business Management Journals
YUAN ZHOU	99

CHINA ECONOMIC REVIEW
Volume 8, Number 2, Fall 1997 (Index Issue)

CONTENTS

China's Land Arrangements and Rural Labor Mobility
DENNIS TAO YANG	101
Development in Fujian: A County-Level Perspective
THOMAS P. LYONS	117
The Search for Determinants of Catching Up: Theory, the East Asian Experience and the Chinese Case
SHUHE LI	137
Productivity Growth, Technology Progress, and Efficiency Change in Chinese Agriculture after Rural Economic Reforms: A DEA Approach
WEINING MAO and WON W. KOO	157
Chinese Wool Auctions: Failed Agribusiness Reform or Future Marketing Channel?
COLIN G. BROWN	175
How are China's State-Owned Enterprises Doing in the 1990s? Evidence from Three Interior Provinces
MARTIN RAISER	191

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CHINA ECONOMIC REVIEW
Volume 9, Number 1, Spring 1998

CONTENTS

Introduction
BRUCE L. REYNOLDS	v
Towards a Model of the Chinese Economy in Transition
YIJIANG WANG and CHUN CHANG	1
Market Development and Food Demand in Rural China
JIKUN HUANG and SCOTT ROZELLE	25
Education, Experience and Productivity of Labor in China's Township and Village Enterprises: The Case of Jiangsu Province
CHEW SOON BENG, LIU YUNHUA, and LI WENZHI	47
A Theory of Contract and Ownership Choice in Public Enterprises under Reformed Socialism: The Case of China's TVEs
TIAN ZHU	59
Capital Investment, International Trade and Economic Growth in China: Evidence in the 1980s-1990s
QIAO YU	73
CURRENT TOPICS AND CONFERENCES: Institutions and Private Sector Development
JOHN D. SULLIVAN	85
Will China Catch the "Asian Flu"?
GENE CHANG, GARY JEFFERSON, NICHOLAS LARDY, ELLIOTT PARKER, and THOMAS G. RAWSKI	96

CHINA ECONOMIC REVIEW
Volume 9, Number 2, Fall 1998
Symposium Issue: On China's Great Famine

CONTENTS

Introduction
BRUCE L. REYNOLDS
China's Great Famine: Introductory Remarks
D. GALE JOHNSON	103
Seven Questions about the Chinese Famine of 1959-61
CARL RISKIN	111
On the Causes of China's Agricultural Crisis and the Great Leap Famine
JUSTIN YIFU LIN and DENNIS TAO YANG	125
The Politics of Famine and Reform in Rural China
DALI L. YANG and FUBING SU	141
Food Availability versus Consumption Efficiency: Identifying the Primary Cause of the Chinese Famine
GENE HSIN CHANG and GUANZHONG JAMES WEN	157
CURRENT TOPICS AND CONFERENCES:
The Ninth Annual Meetings of the Chinese Economists' Society	167

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CHINA ECONOMIC REVIEW
Volume 10, Number 1, Spring 1999

CONTENTS

ARTICLES
Population and Economic Development
D. GALE JOHNSON	1
Earnings and Education in China's Transition to a Market Economy: Survey Evidence from 1989 and 1992
MARGARET MAURER-FAZIO	17
Implementation of Socially Optimal Outcomes in the Process of Dissolving Public Enterprises in China
SHANWEN GAO and YANG YAO	41
Labor Productivity and Migration in Chinese Agriculture: A Stochastic Frontier Approach
ARUNAVA BHATTACHARYYA and ELLIOTT PARKER	59
Ownership Structure and Corporate Governance in Chinese Stock Companies
YAN WANG and XIAONIAN XU	75

CHINA ECONOMIC REVIEW
Volume 10, Number 2, Fall 1999

CONTENTS

Social Security Pension Reform in China
MARTIN FELDSTEIN	99
Agricultural Productivity in China
YINGFENG XU	108
Hong Kong's Exchange Rate Regime: Lessons from Singapore
DING LU and QIAO YU	122
The Impact of Institutional Reform from 1979 to 1987 on Fertility in Rural China
T. PAUL SCHULTZ and ZENG YI	141
Decentralization and Coordination: China's Credible Commitment to Preserve the Market under Authoritarianism
SHUHE LI and PENG LIAN	161
Stakeholder Incentives and Reforms in China's State-Owned Enterprises: A Common-Property Theory
JON CAULEY, RICHARD CORNES and TODD SANDLER	191

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CHINA ECONOMIC REVIEW
Volume 11, Number 1

CONTENTS

Baizhu CHEN and Yi FENG, Determinants of economic growth in China: Private enterprise, education, and openness

Adam SZIRMAI and REN Ruoen, Comparative performance in Chinese manufacturing, 1980-1992

Robert W. MEAD, China’s agricultural reforms: The importance of private plots

Cheng Kenneth XU, The microstructure of the Chinese stock market

Chongwoo CHOE and Xiangkang YIN, Contract Management responsibility system and profit incentives in China’s state-owned enterprises

CHINA ECONOMIC REVIEW
Volume 11, Number 2

CONTENTS

Huizhong ZHOU, Fiscal decentralization and the development of the tobacco industry in China

Shang-Jin WEI, Ligang LIU, Zhi WANG, and Wing Thye WOO, The China money puzzle: Will devaluation of the yuan help or hurt the Hong Kong dollar?

Lixin Colin XU and Heng-Fu ZOU, Explaining the changes of income distribution in China

Qiao YU and Albert K. TSUI, Monetary services and money demand in China

Jeffrey SACHS, Xiaokai YANG, and Dingsheng ZHANG, Globalization, dual economy, and economic development

CHINA ECONOMIC REVIEW
Volume 11, Number 3

CONTENTS
David P. COADY and Limin WANG, Equity, efficiency, and labor-market reforms in Urban China: The impact of bonus wages on the distribution of earnings
Jungchul LEE, Changes in the sources of China’s regional inequality
Shunfeng SONG, George S. F. CHU and CHAO Rongqing, Inter-city regional disparity in China
Xingfeng XU, China’s exchange rate policy
ZHOU Mi and Xiaoming WANG, Agency cost and the crisis of China’s state-owned enterprises
Yanrui WU, Is China’s economic growth sustainable? A productivity analysis

CHINA ECONOMIC REVIEW
Volume 11, Number 4

CONTENTS

C. CHANG, B.M. FLEISHER, and E. PARKER, Introduction

SYMPOSIUM: Globalization and China's economy, edited by C. CHANG

B. CHEN and Y. FENG, Openness and trade policy in China: an industrial analysis

D. LU, Industrial policy and resource allocation: implications on China’s participation in globalization

X. WU, Foreign direct investment and wage inequality in China

K.H. ZHANG and S. SONG, Promoting exports: the role of inward FDI in China

ROUNDTABLE: The impact of China's entry into the WTO, edited by B.M. Fleisher

J. HUANG, S. ROZELLE, and L. ZHANG, WTO and agriculture: radical reforms or the continuation of gradual transition

D.G. JOHNSON, The WTO and agriculture in China

J.Y. LIN, WTO accession and China's agriculture

A. CHEN, The impact of WTO entry on the changing structure of Chinese industry: a summary assessment

L.K. CHENG, Economic benefits to China and impact on Hong Kong firms

Y.-R. CHEONG, The impact of China's entrance to the WTO on neighboring east Asian economics

F.-J. RICHTER, China's entry into the WTO and the impact on western firms

G.C. CHOW, China's economic reform and policies at the beginning of the 21st century

G.J. WEN, New frontier of economic globalization: the significance of China's accession to WTO

X. YANG, China's entry to the WTO

ACKNOWLEDGEMENTS

INDEX

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