This paper shows that a more accurate depiction of the development of China's private sector is gained by considering … "wearing a red hat," an empirical phenomenon that provides a framework for the emergence from the 1980s of China's private … administrational levels contributes to a better understanding of China's private sector. It concludes that the development and success …

"This paper studies dynamic labor demand for private and state-controlled manufacturing plants in China. A goal of the …

Based on a survey that we designed and that covers a stratified random sample of 12,400 firms in 120 cities in China … regions and sectors. By our calculation, if China succeeds in allocating its capital more efficiently, it could reduce its …