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WEEK #TOPICSREADINGS
1Introduction to Transition: Comparative Statistics and Stories

Transition Paths

Kornai, Janos. "What the Change of System from Socialism to Capitalism Does and Does not Mean." Journal of Economic Perspectives 14, no. 1 (2002): 27-42.

"Transition: the First Ten Years: Analysis and Lessons for Eastern Europe and the Former Soviet Union." Washington DC: World Bank, 2002. (PDF)

Amazon logo Naughton, Barry. Growing Out of the Plan: Chinese Economic Reform 1978-1993. Cambridge, UK: Cambridge University Press, 1995. ISBN: 0521470552.

Public Broadcasting Service. "Frontline: China in the Red." 1999.

2The Importance of InstitutionsCoase, R. H. "The Institutional Structure of Production." American Economic Review 82 (September 1992): 713-719.

Amazon logo Furubotn, Eirik, and Rudolf Richter. "The New Institutional Economics: an Assessment." In The New Institutional Economics. Edited by Furubotn, and Richter. Ann Arbor, MI: University of Michigan Press, 1998. ISBN: 0472108174.

Granovetter, Mark. "Economic Action and Social Structure: The Problem of Embeddedness." The American Journal of Sociology 91 (November 1985): 481-510.

Amazon logo ———. "A Theoretical Agenda for Economic Sociology." In The New Economic Sociology: Developments in an Emerging Field. Edited by M. F. Guillen, Randall Collins, Paula England, and Marshall Meyer. New York: Russell Sage Foundation, 2002. ISBN: 0871543435.

North, Douglass. "Institutions." Journal of Economics Perspectives 5 (1991): 97-112.

Amazon logo Roland, Gerard. Transition and Economics: Politics, Markets, and Firms. Cambridge, MA: MIT Press, 2000. ISBN: 0262182033.
3The Rule of Law and Property Rights in TransitionChow, Gregory C. "Challenges of China's Economic System for Economic Theory." American Economic Review 87, no. 2 (1997): 321-327.

Demsetz, Harold. "Toward a Theory of Property Rights." American Economic Review 57 (May 1967): 347-359.

Amazon logo Gillespie, John. "Law and Development in 'The Market Place': An East Asian Perspective." In Law, Capitalism, and Power in Asia. Edited by K. Jayasuriya. New York: Routledge, 1999. ISBN: 0415197430. 

Lo, Vai Io, and Xiaowen Tian. "Property Rights, Productivity Gains, and Economic Growth: The Chinese Experience." Post-Communist Economies 14, no. 2 (2002): 245-258.

Posner, Richard A. "Social Norms and the Law: An Economic Approach." American Economic Review 87, no. 2 (1997): 365-369.

Recommended Readings

Johnson, Simon, John McMillan, and Christopher Woodruff. "Entrepreneurs and the Ordering of Institutional Reform." Economics of Transition 8, no. 1 (2000): 1-36.
4Liberalization and PrivatizationBilsen, Valentijn, and Jozef Konings. "Job Creation, Job Destruction, and Growth of Newly Established, Privatized and State-owned Enterprises in Transition Economies: Survey Evidence from Bulgaria, Hungary, and Romania." Journal of Comparative Economics 26, no. 3 (1998): 429-445.

Le, Wei. "The Impact of Economic Reform on the Performance of Chinese State Enterprises, 1980-1989." Journal of Political Economy 105, no. 5 (1997): 1080-106.

Megginson, William L., and Jeffry M. Netter. "From State to Market: A Survey of Empirical Studies on Privatization." Journal of Economic Literature 39, no. 2 (2001): 321-389.

Recommended Readings

Shirley, Mary M., and Xu Lixin Colin. "Information, Incentives, and Commitment: An Empirical Analysis of Contracts between Government and State Enterprises." Journal of Law, Economics, and Organization 14, no. 2 (1998): 358-378.

Groves, Theodore, Yongmiao Hong, John McMillan, and Barry Naughton. "China's Evolving Managerial Labor Market." The Journal of Political Economy 103, no. 4 (1995): 873-892.
5Asian versus European Transition?Brezis, Elise S., and Adi Schnytzer. "Why are the Transition Paths in China and Eastern Europe Different?" Economics of Transition 11, no. 1 (2003): 3-23.

Frye, Timothy, and Andrei Shleifer. "The Invisible Hand and the Grabbing Hand." American Economic Review 87, no. 2 (1997): 354-358.

Roberts, Ken, and Changcheng Zhou. "New Private Enterprises in Three Transitional Contexts: Central Europe, the Former Soviet Union, and China." Post-Communist Economies 12, no. 2 (2000): 187-199.

Woo, Wing Thye. "The Art of Reforming Centrally Planned Economies: Comparing China, Poland, and Russia." Journal of Comparative Economics 18, no. 3 (1994): 276-308.
6A Rising Tide? The Growth of Inequality in TransitionBrainerd, Elizabeth. "Winners and Loser in Russia's Economic Transition." American Economic Review 88, no. 5 (1998): 1094-1116.

Keane, Michael P., and Eswar S. Prasad. "Poland: Inequality, Transfers, and Growth in Transition." Finance and Development 38, no. 1 (2001).

Kornai, Janos. "The Reform of the Welfare State and Public Opinion." American Economic Review 87, no. 2 (1997): 339-343.

Sibley, Christopher W., and Patrick Paul Walsh. "Earnings Inequality and Transition: A Regional Analysis of Poland." IZA Discussion Papers 441. Bonn: Institute for the Study of Labor, 2002. (PDF )

Ham, John, Jan Svejnar, and Katherine Terrell. "Women's Unemployment During the Transition: Evidence from Czech and Slovak Micro Data." Economics of Transition 7, no. 1 (1999): 47-78.

Wyzan, Michael. "Increase Inequality, Poverty Accompany Economic Transition." Transition 2, no. 20 (1996).
7The Emergence of the Private FirmAmazon logo Hall, Peter A., and David Soskice. "An Introduction to Varieties of Capitalism." Chapter 1 in Varieties of Capitalism. Oxford: Oxford University Press, 2002. ISBN: 0199247757.

McMillan, John, and Christopher Woodruff. "Interfirm Relationships and Informal Credit in Vietnam." The Quarterly Journal of Economics (1999): 1285-1320.

Woodruff, Chirstopher. "The Central Role of Entrepreneurs in Transition Economies." Journal of Economic Perspectives 16, no. 3 (2002): 153-170.
8Relations with Local Government

Gel'man, Vladimir. "In Search of Local Autonomy: The Politics of Big Cities in Russia's Transition." International Journal of Urban and Regional Research 27, no. 1 (2003): 48-61.

Johnson, Simon, Daniel Kaufmann, John McMillan, and Christopher Woodruff. "Why Do Firms Hide? Bribes and Unofficial Activity after Communism." Journal of Public Economics 76 (2000): 495-520.

Torgler, Benno. "Tax Morale in Transition Countries." Post-Communist Economies 15, no. 3 (2003): 357-381.

Recommended Readings

Fforde, Adam, and Stefan de Vylder. From Plan to Market: The Economic Transition in Vietnam. Boulder, CO: Westview Press, 1996. (Introduction)

Gillespie, John. "Institutional Reform: Controlling Discretion in State Economic Regulation." In Commercial Legal Development in Vietnam: Vietnamese and Foreign Commentaries. Edited by J. Gillespie. Hong Kong: Butterworths Asia, 1997.

9The Role of Foreign Investment in TransitionHuang, Yasheng, and Wenhua Di. "A Tale of Two Provinces: The Institutional Environment and Foreign Ownership in China." MIT Sloan Working Paper No. 4482-04; William Davidson Institute Working Paper No. 667, 2004.
10The Shape of Transition: Cities under TransitionBertaud, Alain, and Bertrand Renaud. "Cities without Land Markets: Location and Land Use in the Socialist City." World Bank Policy Working Paper No. 1477, 1995.

Scarpaci, Joseph L. "On the Transformation of Socialist Cities." Urban Geography 21, no. 8 (2000): 659-669.

UNECE. "Human Settlement Developments in the Transition Economies of Central and Eastern Europe." Geneva: United Nations-ECE, 1997.

Recommended Readings

Zhu, Jieming. "Urban Development under Ambiguous Property Rights: A Case of China's Transition Economy." International Journal of Urban and Regional Research 26, no. 1 (2002): 41-57.
11The Emergence of EntrepreneursBerkowitz, Daniel, and David N. DeJong. "Entrepreneurship and Post-Socialist Growth." William Davidson Institute Working Paper No. 406, 2002.

Earle, John, and Zuzana Sakova. "Entrepreneurship from Scratch: Lessons on the Entry Decision into Self- Employment." Transition Economies IZA Discussion Paper Series IZA DP no. 79, 1999.

———. "Business Start-ups or Disguised Unemployment? Evidence on the Character of Self-Employment from Transition Countries." Labor Economics 7, no. 5 (2000): 575-601.

Recommended Readings

Johnson, Simon, John McMillan, and Christopher Woodruff. "Entrepreneurs and the Ordering of Institutional Reform." Economics of Transition 8, no. 1 (2000): 1-36.
12Bringing it all togetherKim, Annette. "A Market with the "Right" Property Rights: The Newly Emerged Private Real Estate Market in Ho Chi Minh City, Vietnam." Economics of Transition 12, no. 2 (2004).

 








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