determinants of job creation in China. We find that (i) releasing all redundant workers would raise the average urban unemployment …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 …

, 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 …