Course: Economic Development of Mainland China (updated: 1/4/2007)

Autumn, 2006

¡· Economic Development of Mainland China¡iSyllabus¡j

¡@

¡iRequired for IMCS, 3 Credits¡j

Course Time: Wednesday, 18:30~21:10

¡@

Article Outline Format¡iDownload¡j

Presentation Schedule¡iDownload¡j

Answer sheet for EDMC take-home midterm [download] (2006/11/5)

Answer sheet for EDMC take-home Final [download] (2007/1/4)

Grading Policy:

 

1. 70% of course grade will be based on Midterm (you can retake your Map Test accounting for 50% of your midterm start from 6:30pm to 7:00pm on Jan. 10 ) and Final (Will be emailed to you by Lee, due on Jan. 17 in hard copy to Esther in IMCS office or Prof. Huang's office in South Wing, 16 floor, No. 271665).

The format of final is font size 12, single spaced, Times New Roman style, and  YOU MUST USE ANSWER SHEET PROVIDED BY JT [download]. Please notice that you answer to final question can not exceed one page, however references, figures, and tables can be included in other page(s) if necessary. Moreover, please emphasize on your opinion causes it matters your grade the most.

2. 20% of course grade will be the evaluation of your article outline. (Both the "quality of the article" and outline need to be printed out and hand to Esther in IMCS office or Prof. Huang's office by Jan. 17).

 

3. 10 % is on attendance.

¡@

4. Please note the presentation of article is considering as an extra point scale from 0 to 5 which will add to your course grade.

¡@

5. The average course grade will be adjusted to 88-90 for this semester.

¡@

¡@

Date Tentative Topics
9/13 Introduction to This Course
9/20 Some Basic Concepts of Macroeconomics¡XA Review [Download]
9/27 Introduction to China Economy
10/4 Chinese Economy in the Historical Prospective and Neoclassical Growth Models
10/11 Agricultural Reforms and Development
10/18 Reforms of State-owned Enterprises and Emergence of Non-state Firms
10/25 Comparative Advantage and International Trade
11/1 China's Foreign Direct Investment
11/8 Midterm
11/15 Population and Population Policy
11/22 Autumn Break
11/29 Regional Disparity
12/6 Fiscal Reform and Decentralization
12/13 Economic Fluctuation and Macro Control
12/20 Invited Speech: Status of Economics and Financial Sector in China

Speaker: Wei-Ping Kiang, PhD. MBA ¡]¦¿°¶¥­¡^

Business Advisor, Chinatrust Commercial Bank

Director of the Board, Mega Financial Holding Company
12/27 The Prospect of China's Economy
1/3 Final

¡@

Readings

2. Introduction to China Economy

Lin, Justin Yifu, Fang Cai, and Zhou Li. The China Miracle, Chapter 1. (Primary Reading)

3. Chinese Economy in the Historical Prospective and Neoclassical Growth Models

Lin, Justin Yifu (1995), "The Needham Puzzle: Why the Industrial Revolution Did Not Originate in China," Economic Development and Cultural Change, 43(2), 269-292. (Primary Reading)

High Level Equilibrium Trap (Primary Reading)

Solow, Robert M. (1956), "A Contribution to the Theory of Economic Growth," Quarterly Journal of Economics, 70, 65-94. (Reading Article)

4. Agricultural Reforms and Development

Lin, Justin Yifu (1992), "Rural Reforms and Agricultural Growth in China," American Economic Review, 82, 34-51. (Primary Reading)

Ding, Li (2000), "Issues and Challenges in Agricultural Reform." In Yang, Yongzheng and Weiming Tian (eds.), China's Agriculture at the Crossroads. New York: St. Martin's Press; London: Macmillan Press, 2000; 21-33. (Primary Reading)¡iDownload¡j

Oi, Jean C. (2000), "Two Decades of Rural Reform in China: An Overview and Assessment." In Edmonds, Richard Louis (ed.), The People's Republic of China after Fifty Years. Studies on Contemporary China. Oxford and New York: Oxford University Press, 2000; 54-66. (Primary Reading)¡iDownload¡j

Johnson, D. Gale (2000), "Agricultural Adjustment in China: Problems and Prospects," Population and Development Review, 26(2), 319-34. (Reading Article)

5. Reforms of State-owned Enterprises and Emergence of Non-state Firms

Lin, Justin Yifu, Fang Cai, and Zhou Li. The China Miracle, Chapter 5 (pp. 149-156, 177-182) and Chapter 6 (183-190). (Primary Reading)

Liu, Deqiang and Keijiro Otsuka (2004), "A Comparison of Management Incentives, Abilities, and Efficiency between SOEs and TVEs: The Case of the Iron and Steel Industry in China." Economic Development and Cultural Change, 52(4), 759-80. (Primary Reading)

Byrd, William (1983), "Enterprise-Level Reforms in Chinese State-Owned Industry." American Economic Review, 73(2), 329-332.  (Reading Article)

Lin, Yi-min and Tian Zhu (2001), "Ownership Restructuring in Chinese State Industry: An Analysis of Evidence on Initial Organizational Changes." China Quarterly, 0(166), 305-341. (Reading Article)

Choe, Chongwoo and Xiangkang Yin (2000), "Contract Management responsibility System and Profit Incentives in China's State-Owned Enterprises," China Economic Review, 11, 98-112. (Reading Article)

Gregory Chow. China's Economic Transformation, Chapter 15 & Chapter 16. (Reading Article)

6. Comparative Advantage and International Trade

Lin, Justin Yifu, Fang Cai, and Zhou Li. The China Miracle, Chapter 4. (Primary Reading)

Gregory Chow. China's Economic Transformation, Chapter 17. (Primary Reading)

Chen, Baizhu and Yi Feng (2000), "Openness and Trade Policy in China: An Industrial Analysis," China Economic Review, 11(4), 323-341. (Reading Article)

Yu, Qiao (1998), "Capital Investment, International Trade and Economic Growth in China: Evidence in the 1980-90s," China Economic Review, 9, 73-84. (Reading Article)

Cai, Fang and Justin Yifu Lin. Chinese Economy, Chapter 9, 281-289.

7. Foreign Investment

Gregory Chow. China's Economic Transformation, Chapter 18. (Primary Reading)

Huang, Jr-Tsung , An-Pang Kao, Shujie Yao (2004), "Policy Implications of Uneven Distribution of FDI among China's Regions and Industries." Mimeo. (Primary Reading)

Huang, Jr-Tsung (2004), "Spillover from Taiwan, Hong Kong, and Macau Investment and from Other Foreign Investment in Chinese Industries." Contemporary Economic Policy, 22(1), 13-25. (Primary Reading)

Cheng, Leonard K. and Yum K. Kwan (2000), "What Are the Determinants of the Location of Foreign Direct Investment? The Chinese Experience," Journal of International Economics, 51 (2000), 379-400. (Reading Article)

Huang, Jr-Tsung, An-Pang Kao, Tzu-Ying Yu (2004), "An Analysis on the Unequal Distribution of Foreign Investment among Regions in China."(in Chinese with English Abstract), Mainland China Studies (Taipei), 47(2), 33-56. (TSSCI). (Reading Article)

Otsuka, Keijiro. Industrial Reform in China: Past Performance and Future Prospects, Chapter 5.

Lucas, Robert E. (1990), "Why Doesn't Capital Flow from Rich to Poor Countries?" American Economic Review, 80, 92-96.

Shan, Jordan (2002), "A VAR Approach to the Economies of FDI in China," Applied Economics, 34(7), 885-93.

8. Population and Population Policy

Gregory Chow. China's Economic Transformation. Chapter 11. (Primary Reading)

McElroy, Marjorie and Dennis Tao Yang (2000), "Carrots and Sticks: Fertility Effects of China's Population Policies," American Economic Review, 90, 389-392. (Primary Reading)

Johnson, D. Gale (1999), "Population and Economic Development," China Economic Review, 10, 1-16.

Merli, M. Giovanna and Adrian E. Raftery (2000), "Are Births Underreported in Rural China? Manipulation of Statistical Records in Response to China's Population Policies," Demography, 37(1), 109-26.

Schultz, T Paul and Zeng Yi (1999), "The Impact of Institutional Reform from 1979 through 1987 on Fertility in Rural China," China Economic Review, 10(2), 141-160.

9. Regional Disparity

Gregory Chow. China's Economic Transformation. Chapter 10 (pp. 168-175). (Primary Reading)

Jian, Tianlun, Jeffrey D. Sachs, and Andrew M. Warner (1996), "Trends in Regional Inequality in China," China Economic Review, 7, 1-21. (Primary Reading)

Huang, Jr-Tsung, Chun-Chien Kuo, and An-Pang Kao (2003), "The Inequality of Regional Economic Development in China between 1991 and 2001." Journal of Chinese Economic and Business Studies, 1(3), 273-285. (Reading Article)

Otsuka, Keijiro. Industrial Reform in China: Past Performance and Future Prospects, Chapter 9. (Reading Article)

Barro, Robert J. (1991), "Economic Growth in a Gross Section of Countries," Quarterly Journal of Economics, 106, 407-443.

Barro, Robert J. and Xavier Sala-i-Martin (1992), "Convergence," Journal of Political Economy, 100, 223-251.

10. Fiscal Reform and Decentralization

Huang, Jr-Tsung and An-Chih Cheng (2005), "The Role of Fiscal Decentralization in Regional Economic Growth in China." 2005 Taipei Conference on Taxation: Theory, Policy, and Administration, Institute of Economics, Academia Sinica, December 29-30, 2005. (Primary Reading)

Lin, Justin Yifu and Zhiqiang Liu (2000), "Fiscal Decentralization and Economic Growth in China," Economic Development and Cultural Change, 49(1), 1-21. (Primary Reading)

Knight, John and Li Shi (1999), "Fiscal Decentralization: Incentives, Redistribution and Reform in China," Oxford Development Studies, 27(1), 5-32.

Lin, Justin Yifu, Fang Cai, and Zhou Li. The China Miracle, Chapter 7.

Brandt, Loren and Xiaodong Zhu (2000), "Redistribution in a Decentralized Economy: Growth and Inflation in China Under Reform," Journal of Political Economy, 108, 422-439.

Zhang, Tao and Heng-fu Zou (1998), "Fiscal Decentralization, Public Spending, and Economic Growth in China," Journal of Public Economics, 67(2), 221-240.

Zhao, X B and L Zhang (1999), "Decentralization Reforms and Regionalism in China: A Review," International Regional Science Review, 22(3), 251-81.

Ping, Xin Qiao (2000), "The Evolution of Chinese Fiscal Decentralization and the Impacts of Tax Reform in 1994." Hitotsubashi Journal of Economics, 41(2), 179-191.

11. Economic Fluctuation and Macro Control

Yu, Yongding (2006), "Chinese Macroeconomic Management: Issues and Prospects."(Primary Reading)

Gregory Chow. China's Economic Transformation. Chapter 6 and  Chapter 7.

12. The Prospect of China's Economy

Hong, Pingfan (2006), "China's Economic Prospects and Sino-US Economic Relations." China & World Economy, 14(2), 45-55. (Primary Reading)

Perkins, Dwight H. (2006), "China's Recent Economic Performance and Future Prospects." Asian Economic Policy Review, 1, 15-40. (Primary Reading)

Autumn, 2005

¡· Economic Development of Mainland China¡iSyllabus¡j

¡iRequired for IMCS, 3 Credits¡j

Course Time: Wednesday, 18:30~21:10

¡@

¦^¨ì­º­¶¡@¡@¡@Return to Homepage