Working Papers of Prof. Xiao Geng

  •  Ten Policy Recommendations to Make Shanghai a Top IFC within a Decade, Brookings-Tsinghua Center for Public Policy, May 27, 2008.  [PDF]
  • Challenges with Which Shanghai is Faced to Become a Global Financial Center & Its Policy Choices, Brookings-Tsinghua Center for Public Policy, February 25, 2008. [PDF]
  • Facing Protectionism Generated by Trade Disputes: China's Post-WTO Blues,with Wing Thye Woo ,Brookings Global Economy and Development Working Paper No. 13. [PDF]
  • What Is Special about Enterprise Performance in North-East People's Republic of China? Dynamics of Privatization, Profitability and Productivity during the Reform Era. Asian Development Bank Institute Discussion Paper (Tokyo), No.28, June, 2005. 
  • Does Competition Encourage Unethical Behavior? The Case of Corporate Profit Hiding in China. Co-authored with Hongbin Cai and Qiao Liu. Working Paper, No. 1126, Hong Kong Institute of Economics and Business Strategy, May, 2005. [PDF]
  • People's Republic of China's Round Tripping FDI: Scale, Causes and Implications. Asian Development Bank Institute Discussion Paper (Tokyo), No.7, July, 2004. China. [PDF]
  • The Property Rights Micro-Foundations of Macro-History: Ray Huang’s Analysis of Market Reform in China, Discussion Paper, No: AOE/H-05/99, Ray Huang’s Analysis of Market Reform in China, Hong Kong’s University Grants Committee, July 22, 2004. [PDF]
  • Look Who Are Disguising Profits: An Application to Chinese Industrial Firms, Co-authored with Qiao Liu,Working Paper, May, 2004, Research Grant Council of Hong Kong. [PDF]
  • Why Do Firms Disguise Their Profits? Theory and Evidence from China. Co-authored with Qiao Liu, the Research Grant Council of Hong Kong. HKU 7167/98H (Xiao) and HKU 7128/01H (Liu). February 14, 2004. [PDF]
  • The Future of Capital Markets in Developing Countries: Implications for China’s Equity Markets, Co-authored with Andrew Sheng and Wang Yuan, Hong Kong’s University Grants Committee, Project No: AOE/H-05/99, September, 2003. [PDF]
  • China’s Securities Market Development: Lessons from Hong Kong and Other Asian Markets, January 15, 2003. [PDF]
  • Measuring Enterprise Performance in China: Do Better Enterprises Get More Resources? Co-authored with XING Junling & YU Xiaoyun, Discussion Paper No. HKU7167/98, Research Grant Council of Hong Kong Property rights and China's enterprise reform) and the World Bank, September, 2002. [PDF]
  • The Coincidence of Material Incentives and Moral Hazard in Chinese Enterprises. Co-authored with H. Broadman. Development Discussion Papers, No. 606, Harvard Institute for International Development, Harvard University, October, 1997. [PDF]
  • Clarification of SOE Property Rights. Background paper for the World Bank project on the State Asset Management in China, November, 1996. [PDF]
  • Property Rights Transaction and Alleged Asset Stripping: a case study on the establishment of a foreign joint-venture in China, Background paper for the World Bank project on the State Asset Management in China November, 1996. [PDF]
  • Financial Implications of Extensive Employee Fringe Benefits at State-Owned Enterprises in China A Case Study of WBF. November 14, 1995. [PDF]
  • The Nature of the State-Owned Enterprises and Their Reform: The Case of China’s Industrial Contract Responsibility System. Discussion Paper, No. 175, School of Economics and Finance, The University of Hong Kong, September 1995. [PDF]
  • Sustainability of Economic Growth in China Contribution to Shaping Factors  in East Asia in the Year 2000 and Beyond, August 21, 1995, Hong Kong. [PDF]
  • Non-State Enterprises as an Engine of Growth. Co-authored with I.J. Singh and D. Ratha. Discussion Paper, No. 157, School of Economics and Finance, The University of Hong Kong, April, 1994.  [PDF]
  • Harold Demsetz on Development: A Comment. December 28, 1993. [PDF]
  • What Is Special about China’s Economic Reforms? Research Paper Series, No. 23, Socialist Economies Reform Unit, The World Bank, November, 1991. [PDF]
  • Property Rights Arrangements and Industrial Productivity in China. Research Paper Series, No. 21, Socialist Economies Reform Unit, the World Bank, September, 1991. [PDF]
  • The Impact of Property Rights Structure on Productivity, Capital Allocation, and Labor Income in Chinese State and Collective Enterprises. Discussion Paper Series, No. 32, Program in Applied Econometrics, UCLA, October, 1990. [PDF]