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OAEA 2130 - The Chinese Economy

Type d'enseignement : Seminar

Semester : Autumn 2018-2019

Number of hours : 24

Language of tuition : English



Course Description

The course will be divided in two parts. The first part (facts and processes) will introduce students to basic facts of millennial Chinese history, the functioning of the economy under central planning between 1948 and 1978, basic facts about the economic reform process, and also an introduction to the functioning of Chinese institutions under the communist regime. The book by Barry Naughton The Chinese Economy. Transition and Growth, MIT Press 2007 will help students for this part. The second part (analysis) will be using modern analytical and empirical tools to understand both the success of economic reforms in China, as well as its spectacular growth process the last 40 years, both going hand in hand. This part will be more difficult, using research articles.


ROLAND, Gérard (E Morris Cox Professor of Economics and Professor of Political Science)

Course validation

Essay on some aspect of the Chinese economy. 30% for participation, 70% for the essay

Required reading

  • Barry Naughton The Chinese Economy. Transition and Growth, MIT Press 2007
  • Xu, Chenggang, (2011) “The Fundamental Institutions of China's Reforms and Development” Journal of Economic Literature, 49:4, 1076-1151.
  • Qian, Yingyi, Gerard Roland, and Chenggang Xu, "Coordination and Experimentation in M-form and U-form Organizations," Journal of Political Economy, June 2006.
  • Lau, L., Y. Qian and G. Roland, (2000), "Reform Without Losers: An Interpretation of China's Dual-Track Approach to Reforms", Journal of Political Economy, vol. 108 (1), pp 121-143.
  • Li, Hongbin, and Li-An Zhou, “Political Turnover and Economic Performance: The Incentive Role of Personnel Control in China.” Journal of Public Economics, September 2005, 89(9-10), pp. 1743-1762.

Additional required reading

  • Jin, Hehui, Yingyi Qian, and Barry Weingast, "Regional Decentralization and Fiscal Incentives: Federalism, Chinese Style," Journal of Public Economics, September 2005, 89(9-10), pp. 1719-1742.
  • A. Chermukhin, M. Golosov, S. Guriev, A. Tsyvinsky : “The Economy of People's Republic of China from 1953”, mimeo
  • Maskin, Eric, Yingyi Qian, and Chenggang Xu, "Incentives, Information, and Organizational Form," Review of Economic Studies, April 2000, 67(2), pp. 359-378.