Our commitment to the academic community and to global dissemination are the touchstones of our journals publishing program. From american economic association contact information at edirc. Published in volume 49, issue 4, pages 10761151 of journal of economic literature, december 2011, abstract. Chenggang xu, the fundamental institutions of chinas reforms and development, section 5. Chenggang xu, the fundamental institutions of chinas reform and development. Unbundling institutions, journal of political economy, university of chicago press, vol. This paper will tackle these challenges through a unified conceptual framework that synthesizes existing literature. The literature on law and finance started from an empirical investigation of the crosscountry relationship between legal institutions and securities market development and spawns a series of studies on legal determinants of financial markets. Janos kornais book dynamism, rivalry, and the surplus economy. Journal of economic literature 49 4, 10761151, 2011. Janos kornai china economics prize greetings read out in a.
Xu, chenggang 2011 the fundamental institutions of chinas reforms and development, the journal of economic literature, vol. The ambivalence of imperceptibility in political economy. Chenggang xu, the fundamental institutions of chinas reforms and development, section 4. The following books and journal articles will be used selectively depending. The fundamental institutions of chinas reforms and development, journal journal of economic literature. Chenggang xu, the fundamental institutions of chinas reforms and development, the journal of economic literature, 2011, 49. Hongbin cai and daniel treisman, did government decentralization cause chinas economic miracle.
The literature suggests that a lack of capital may greatly hamper the implementation of innovation activity. Volume 35 number 3 published by the cato institute fall 2015 how doddfrank imperils freedom to limit abuse by the rulers, ancient rome wrote down the law and permitted citizens to read it. Qian, yingyi, gerard roland and chenggang xu 2007, coordinating reforms in. Full text views reflects the number of pdf downloads, pdfs sent. Chinese reform and chinese regional decentralization. Bankruptcy of state enterprises in chinaa case and agenda for reforming the insolvency system. Professor chenggang xu biographies people asia research. Chenggang xu, the fundamental institutions of chinas reforms and development, the journal of economic literature forthcoming yingyi qian, gerard roland and chenggang xu 2006,coordination and experimentation in mform and uform organizations, journal. Full issue download pdf aea members only find articles in this issue. The fundamental institutions of chinas reforms and development1. This pdf is a selection from a published volume from the. Institutions of chinas reforms and development by chenggang xu.
Capitalism and socialism american economic association. Janos kornai china economics prize greetings read out in a video message on december 4, 2016 my dear friends, i am sending my greetings to you from faraway budapest. Chenggang xu at cheung kong graduate school of business. Article pdf available in journal of economic literature 494. The emphasis is on quantitative or analytical work, which is novel and relevant. Chinas politicaleconomic institutions and development. Track citations for all items by rss feed is something missing from the series or not right. I deeply regret being unable to attend this significant occasion. However, chinas institutions look illsuited to achieve such a result, and.
The collapse of the eastern bloc and the global financial crisis spurred the reemergence of the political economy as a new frontier and the revival of interest in the nature of capitalism. The george washington university department of economics. Qian, yingyi, gerard roland, and chenggang xu, coordination and experimentation in mform and uform organizations, journal of political economy, june 2006. Institutional foundations of chinas structural problems. Chenggang xu chinas economic reforms have resulted in spectacular growth and poverty reduction. Published in volume 55, issue 1, pages 191208 of journal of economic literature, march 2017, abstract.
Market socialism differs from nonmarket socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production. Understanding the nature of capitalism has been a central theme of economics. The fundamental institutions of chinas reforms and. Using original surveys of voters in the united states, canada and the united kingdom, as well as data on incentive use by politicians in the us, vietnam and russia, this book provides compelling evidence for the use of fiscal incentives for political gain and shows how such pandering appears to be associated with growing economic inequality. Effects on efficiency there is a strand in the corruption lit erature, contributed both by economists.
Journal of economic literature, forthcoming unified growth theory. The fundamental institutions of chinas reforms and development. Journal of economic literature forthcoming the fundamental institutions of chinas reforms and development1 this version. Subject code af5624 subject title political economy of. Xxxv september 1997 ized onestop shopping corruption where the inefficiency may be less, even though the total amount of bribe paid may be larger. The existing literature presents two contradicting views of chinas future. Philip wicksteed the commonsense of political economy it has long been noted that although literature and drama, like language. Economics in literature and drama michael watts and robert f. The journal of economic literature jel, first published in 1969, is designed to help economists keep abreast of the vast flow of literature. The collapse of the eastern bloc and the global financial crisis spurred the reemergence of the political economy as a new frontier and. Xu, chenggang, 2011, the fundamental institutions of chinas reforms and. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext.
Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy. Svetlana andrianova, panicos demetriades and chenggang xu, political economy origins of financial markets in europe and asia, world development, may, 2011 vol. Completing chinas move to the market, journal of economic perspectives, american economic association, vol. The institutional foundations of chinas reforms and development. Guo, di jiang, kun kim, byungyeon and xu, chenggang 2014. Xlix december 2011 property is well protected through proper institutions. Institution, economic development, economic reform, china, decentralization, political. Event studies in economics and finance journal of economic literature, vol. Structural factors in the economic reforms of china, eastern europe and the former soviet union, papers 9401, california davis institute of governmental affairs. This subject deepens students understanding of chinas policy evolution in. To further develop the themes contained in the book, serious challenges are posed. Craig mackinlay the wharton school, university of pennsylvania. May 2010 chenggang xu university of hong kong abstract chinas economic reforms have resulted in spectacular growth and poverty reduction. Smith the prophet and the poet may regenerate the world without the economist, but the economist cannot regenerate it without them.
The fundamental institutions of chinas reforms and development, journal of economic literature 2011 49. It was established in 1963 as the journal of economic abstracts, and is currently one of the highest ranked journals in economics. Chenggang xu, the fundamental institutions of chinas reforms and development, the journal of economic literature forthcoming yingyi qian, gerard roland and chenggang xu 2006,coordination and experimentation in mform and uform organizations, journal of political economy, 1142. The collapse of the eastern bloc and the global financial crisis spurred the reemergence. The late economic historian and nobel laureate robert fogel predicted that by 2040 the chinese economy would account for 40 percent of global gdp while the u.
The fundamental institutions of chinas reforms and development, journal of economic literature, american economic association, vol. A study of financial market regulation, world development, elsevier, vol. Citeseerx the fundamental institutions of chinas reforms. Chenggang xu understanding the nature of capitalism has been a central theme of economics.
Journal of economic literature american economic association. Gerard roland and chenggang xu, coordination and experimentation in. Bibliographic data for series maintained by michael p. The economic benefits of political connections in late.
Learning from a decade of reform, journal of economic literature 444. The journal of development economics publishes original research papers relating to all aspects of economic development from immediate policy concerns to structural problems of underdevelopment. Xxxv march 1997 event studies in economics and finance a. Chenggang xu, the fundamental institutions of chinas reforms and development, journal of economic literature vol. Submission fees will not be refunded in such instances. Chenggang xu after more than three decades of economic reform, china has transformed from being one of the poorest economies in the world to being the secondlargest economy measured by nominal. Since china embarked its economic reform starting 1978, the chinese. The fundamental institutions of chinas reforms and development by chenggang xu. Chinas politicaleconomic institutions and development by. Journal of economic literature american economic association publications 2403 sidney street, suite 260 pittsburgh, pennsylvania 15203 telephone 412 4322300 fax 412 4314 tear sheet copy the following annotation will appear in the june 2016 issue of the journal of economic literature volume 54, no. Recently, a growing amount of literature on institutions and reforms demonstrate a.