Little is known about the magnitude of China's SOE labor redundancy and the patterns and determinants of job creation …. Such knowledge gap makes it difficult for decision-makers to provide prescriptions for China's labor problems. This paper … uses a panel data of Chinese provinces between 1986 to 1996 to estimate China's SOE labor redundancy, and patterns and …

, 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 …