- "Union Effects on Performance and Workers’ Welfare in China", with Lu, Yi & Tao, Zhigang, China Economic Review, forthcoming.
- "Ownership, Performance and Executive Turnover in China", with Wei, Chi, Asian Economic Review, vol. 20, pp.465-478, 2009.
- "Small and Medium-sized Firms Determine a Country's Future", Economic Observer, October 20, 2007. (was selected by journalists organized by Southern Weekend as one of the Ten Best Commentaries of 2007 in China)
- "Political Conditions for Reform: China vs. Eastern Europe Revisited", Journal of the European Economic Association, vol. 4 (2-3), pp. 342-351, April and May, 2006.
- "Labor Policy and Investment: Evidence from Canada", Industrial and Labor Relations Review, vol. 57 (3), pp.386-401, April 2004.
- "Implications of Managerial Incentives and ownership for Performance: Evidence from China’s Rural Enterprises", Journal of Comparative Economics, vol. 31 (3), pp.414-428, September 2003.
- "Uncertainty in Labor Productivity and Specific Human Capital", with Bai, Chongen, Journal of Labor Economics, vol. 21 (3), pp.651-675, July 2003.
- "Monitoring the Monitor: Does Ownership Matter?", Annals of Economics and Finance, vol. 4 (1), pp. 137-49, May 2003.
- "Financial Repression and Optimal Taxation", with Bai, Chongen, Li, David & Qian, Yingyi,Economics Letters, vol. 70, pp. 245-251, 2001.
- "A Multitask Theory of the State Enterprise Reform", with Bai, Chongen, Li, David & Tao, Zhigang,Journal of Comparative Economics, vol. 28, pp. 716-738, 2000.
- "Choosing between Spot and Up-or-Out Contracts", with Chang, Chun, Annals of Economics and Finance, vol. 1, pp. 189-210, May 2000.
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"The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft Budgets." With C. Bai,American Economic Review, May, 1999.
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Bureaucratic Control and Soft Budget Constraint." With C. Bai,Journal of Comparative Economics,26(1): 41-61, March 1998.
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"Towards a Model of China as a Partially Reformed Developing Economy under a de facto Federalist Government." With C. Chang,China Economic Review, Vol. 9, Num. 1, 1998:1-23.
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"Some Empirical Implications of a Model of Human Capital Investment under Asymmetric Information." With C. Chang,Research in Labor Economics, 1997, Vol. 16, pp.103-117..
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"Enterprise Productivity and Performance: When Is Up Really Down?" With C. Bai and D. Li, Journal of Comparative Economics, 24(1997):265-80.
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"Human Capital Investment and Labor Turnover under Asymmetric Information: The Pigovian Conjecture Revisited." With C. Chang,Journal of Labor Economics,14(1996):505-519.
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"A Framework for Understanding Differences in Employment Stability and Human Capital Investment." With C. Chang,Journal of Economic Behavior & Organization,28(1995):91-105.
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"Firm's Information-Sharing Policy and Strike Incidence." Economics Letters, 48(1995):73-76.
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"The Nature of the Township and Village Enterprise." With C. Chang,Journal of Comparative Economics,19(1994):434-452.
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"When Privatization Should be Delayed: Organizational and Institutional Legacies of Communism and the Strategy of Transition." With P. Murrell,Journal of Comparative Economics,17(1993):385-406.
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"Eastern Europe and China: Institutional Development as a Resource Allocation Problem." China Economic Review,4(1993):37-47.
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"Optimal Liquidation Rule and Debt in the Principal-Agent Model." With C. Chang,Economics Letters,40(1992):23-26.
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"Economic Reform, Fixed Capital Investment Expansion, and Inflation: A Behavioral Model Based on the Chinese Experience."China Economic Review,2(1991):3-27.