This paper considers the development of the electricity, highway, and railway sectors in China, with special emphasis on investment incentives. Statistical summary of the development of these sectors is offered, followed by a detailed description of the institutional background, including...

Bai, Chong-En, Lu, Jiangyong, and Tao, Zhigang--How does privatization work in China? Using a comprehensive panel data set of China's state-owned enterprises, we investigate the impacts of privatization on social welfare and firm performance indicators. The privatization of China's state-owned...