NATIONAL BUREAU OF ECONOMIC RESEARCH



Working Group on the Chinese Economy



Martin Feldstein and Shang-Jin Wei, Organizers



October 3, 2003



NBER

2nd Floor Conference Room

1050 Massachusetts Avenue

Cambridge, Massachusetts



PROGRAM

THURSDAY, OCTOBER 2:



7:30 PM Group Dinner

Royal Sonesta Hotel

Dinner Speaker: DWIGHT PERKINS, Harvard University



FRIDAY, OCTOBER 3:



8:15 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Massachusetts Avenue



8:30 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Massachusetts Avenue



8:30 AM Continental Breakfast



9:00 AM MARTIN FELDSTEIN, Harvard University and NBER

Opening Remarks



9:10 AM ROBERT FEENSTRA, UC, Davis and NBER

GORDON HANSON, UC, San Diego and NBER

Ownership and Control in International Outsourcing:

Estimating the Property-Rights Theory of the Firm



Discussant: CHENGGANG XU, London School of Economics



10:10 AM Break



10:25 AM CHUN-CHUNG AU, Brown University

J. VERNON HENDERSON, Brown University and NBER

Estimating Net Urban Agglomeration Economies with an Application to China



Discussant: MARY AMITI, International Monetary Fund



11:25 AM GENEVIEVE BOYREAU-DEBRAY, World Bank

SHANG-JIN WEI, International Monetary Fund and NBER

Can China Grow Faster?

A Diagnosis on the Fragmentation of the Domestic Capital Market



Discussant: CHUN CHANG, University of Minnesota



12:25 PM Lunch



1:20 PM Panel Discussion: Is China on the Verge of a Major Financial Crisis?



Chair: MARTIN FELDSTEIN, Harvard University and NBER



Panelists: ESWAR PRASAD, International Monetary Fund

LAWRENCE LAU, Stanford University



2:20 PM Break



2:35 PM YINGYI QIAN, UC, Berkeley

Federalism, Chinese Style I:

Fiscal Incentives and Regional Development



Federalism, Chinese Style II:

Economic Decentralization and Political Centralization

(Joint with HEHUI JIN and BARRY WEINGAST)



Discussant: ROGER GORDON, UC, San Diego and NBER



3:35 PM WEI LI, University of Virginia

Measuring Corruption under China's Dual-Track System



Discussant: LOREN BRANDT, University of Toronto



4:35 PM Adjourn

















9/29/03