agricultural rationing, we first check if the model stands up to China's data from 1949-1992, we find that the importance of … peasants in the government's objective function is less than the importance of workers. In addition, the importance of … consumption is also less than that of investment. Such findings are consistent with the reality of China. …

as Japan, newly industrialized economies (NIEs) in East Asia, and recently the People's Republic of China (PRC) and Viet …

Deflationary expansion has puzzled economists both in and outside China. We study this business cycles phenomenon … variables. The high steady state of growth could be explained by the current institutional environment of China. …

At the beginning of transition from the socialist planning economy to a market economy, China did not have a modern … economics profession and the contribution of modern economics to China's transition was little. However, there has been …, the China Center for Economic Research (CCER) at Peking University was built in 1994 with the initial supports and …

Since the economic reforms began in 1978, China has achieved remarkable economic results. Real GDP per capita grew at …