Chinese Economy.

• Position: Program and Working Group Meetings

The NBER's Working Group on the Chinese Economy met December 15-16 in Shenzhen, China. Research Associates Hanming Fang of the University of Pennsylvania, Zhiguo He of the University of Chicago, Wei Xiong of Princeton University, and Working Group Director Shang-Jin Wei of Columbia University organized the meeting in cooperation with the Chinese University of Hong Kong, Shenzhen. These researchers' papers were presented and discussed:

* Pravin Krishna, Johns Hopkins University and NBER, and Heiwai Tang, Johns Hopkins University, "Production Networks and Misallocation"

* Xing Li, Stanford University; Chong Liu, Peking University; Xi Weng, Peking University; and Li-An Zhou, Peking University, "Target Setting in Tournaments: Theory and Evidence from China"

* Zheng Liu, Federal Reserve Bank of San Francisco ; Pengfei Wang, Hong Kong University of Science & Technology; and Zhiwei Xu, Shanghai Jiao Tong University, "Interest-Rate Liberalization and Capital Misallocation"

* Bingjing Li, National University of Singapore, and Hiroyuki Kasahara, University of British Columbia, "The Causes of China's Great Famine, 1959-61: County-Level Evidence"

* Victor Couture, University of California, Berkeley; Benjamin Faber, University of California, Berkeley and NBER; Yizhen Gu, Jinan University; and Lizhi Liu, Stanford University, "E-Commerce Integration and Economic Development: Evidence from China"

* Yu Zhang, Peking University, "Liquidity Constraints, Transition Dynamics, and the Chinese Housing Return Premium"

* Haoyuan Ding, Shanghai University of Finance and Economics; Hanming Fang, University of Pennsylvania and NBER; Shu Lin, Chinese University of Hong Kong; and...