Current Research Interests

 

Publications

  • (With Gary Jefferson) "Explaining Spatial Convergence of China's Industrial Productivity," Oxford Bulletin of Economics and Statistics, 2011, 73(6):818-32.

 

Working Papers

 

Research in Progress

  • Property Rights, Moral Hazard and Housing Bubble in China
  • ls there a Housing Bubble in China?
  • History and Causes of Middle Income Trap (funded by Carlsberg Foundation)
  • State Ownership, Financial Repression and China's Outward FDI
  • FDI-Induced Innovation in China
  • Leverage, Credit Bubbles and the Cause of Severe Recessions
  • Welfare State and Country Size: Can China go Scandinavian?
  • An Reassessment of Inequality and Economic Growth: Theory and Evidence
  • Why China Failed to Develop Its Capitalism First ? From the New Institutional Perspective