NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China

Chang-Tai Hsieh, Zheng (Michael) Song

NBER Working Paper No. 21006
Issued in March 2015

---- Acknowledgements ----

We thank Wancong Li and Jie Luo for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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