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An Essay on Economic Reforms and Social Change in

References 
Allen, Franklin, Jun Qian and Meijun Qian, 2006, “China’s Financial Reform: Past, Present 
and Future”, mimeo, University of Pennsylvania, Wharton School, forthcoming in 
Loren Brandt and Thomas Rawski, eds., 
China’s Economic Transition: Origins, 
Mechanism, and Consequences

Acemoglu, Daron, Philippe Aghion and Fabrizio Zilibotti, 2006, “Distance to Frontier, 
Selection, and Economic Growth”, 
Journal of the European Economic Association

4
(1), pp. 37-74.
 
Agarwala, Ramgopal, 2002, 
The Rise of China: Threat or Opportunity?
, New Delhi: 
Bookwell. 
Aghion, Philippe, Eve Caroli, and Cecilia García-Penalosa, 1999, “Inequality and 
Economic Growth: The Perspective of the New Growth Theories”, 
Journal of 
Economic Literature

37
, pp. 1615-1660. 
Angang, Hu and Jinghai Zheng, (2004), “Why China’s TPF has Dropped”, mimeo, Center 
for China Studies, School of Public Policy and Management, Tsinghua University
Beijing.
Anming, Zhang, Yimin Zhang and Ronald Zhao, 2003, “A Study of the R&D Efficiency 
and Productivity of Chinese firms”, 
Journal of Comparative Economics

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(3), pp. 
444-464. 
Asian Development Bank, 2004, 
Asian Development Outlook
, Manila. 
Au, Chun-Chung and J. Veron Henderson, 2006, “How Migration Restrictions Limit 
Agglomeration and Productivity in China”, 
Journal of Development Economics
, 80, 
pp 350-388. 
Aziz, Jahangir and Christoph Duenwald, 2002, “Growth-Financial Intermediation Nexus in 
China”, Working Paper WP/02/194, Washington, DC: IMF.
Bardhan, Pranab, 1996, “Research on Poverty and Development Twenty Years after 
Redistribution with Growth”, in Bruno, Michael and Boris Plesekovic (eds.), 
Annual World Bank Conference on Development Economics
1995
, pp. 59-72, 
Washington, DC: The World Bank 
Baumol, William, 1967, “Macroeconomics of Unbalanced Growth: The Anatomy of Urban 
Crisis”, 
American Economic Review

57
(3), 415-26.


84
-------------------, 2000, 
The Free-market Innovation Machine
, Princeton: Princeton 
University Press.
Beijing Normal University, 2003, 
A Report on the Development of China’s Market 
Economy
, Institute of Economic and Resources Management, Beijing: China 
Foreign Economic Relations and Trade Publishing House. 
Benabou, Roland. 1996, “Inequality and Growth”, 
NBER Macroeconomics Annual

11
, pp. 
11-74. 
Blanchard, Olivier J. and Francesco Giavazzi, 2005, “Rebalancing Growth in China: A 
Three-Handed Approach”, CEPR Working Paper No. 5403 
Blumenthal, David and William Hsiao, 2005, “Privatization and its Discontents – The 
Evolving Chinese Health Care System”, 
New England Journal of Medicine

September 15. 
Borensztein, Eduardo and Jonathan D. Ostry, 1996, “Accounting for China’s Growth 
Performance”, 
American Economic Review

86
(2), pp. 224-228. 
Bottelier, Pieter, 2002, “Where is Pension Reform Going in China? Issues and Option”, 
Perspectives

3
(5).
Boyreau-Debray and, Genevieve and Shang-Kin Wei (2005), “Pitfalls of a State-Dominated 
Financial System: The Case of China”, NBER Working Paper No. W11214, 
Cambridge, MA. 
Brajer, Victor and Robert W. Mead, 2004, “Valuing Air Pollution Mortality in China’s 
Cities”, 

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