This paper examines the magnitude, patterns, and determinants of the labor restructuring process in China's industrial … transition, China has experienced a more synchronized pace of job destruction and creation, as well as higher rates of excessive …' response to demand shocks between the state and the private sectors. These findings have important implications to the timing …

, likely the engine for innovation in the coming years in China, are especially financially constrained, due perhaps to the …-the-big-and-letting-go-the-small' privatization program in China. Our empirical results suggest that government connections play an important role in explaining … Chinese firms' financing conditions, and provide further evidence on the nature of the misallocation of credit by China …

in explaining the enormous but puzzling county-level variations in development performance in Fujian province of China …