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1 1978 9.5% 7.6% 152 1996 29.8% 34.2% 2336 1978 21.2% 1995 77.2% 1978 9.1% 1997 57.9% 1986 9.2% 1997 45.8% 1978-1997 1970-1997 1949 1957 1949 11.6 2 1954 1 2 Byrd Lin (1990) 9 10 1

1000 22 1955 57 1957 22.9 4.3% 1963 4.1 ( 1994) (Lin, 1992; Wen, 1993) 1970 1978 1970 1970 1977 1970 8 1970 92.5 1976 272 25.7% 1970 1978 493 2830 21.2% 9.5% 70 70 80 90 1978 1983 1978 1983 6% Lin(1992) 60% 1978 1983 2

1984 1988 1984 1988 1984 1984 607 1983 4.5 1985 1222 1984 69.3% 1986 88.6%(Chen, 1988) 1989 1991 1989 1991 1988 23.8 1990 22.1 1988 1888 1990 1850 1992 1992 1992-1994 97 (Wang and Yao, 1998) 3 1998 80 (Zhao, 1999) 3 92-94 1996 1999c 3

4 86% 4% 1993 1996 90 FDI Wang 1997) FDI 1995 28.1% 4 Lin Yao 1999a 5 4

1952 1978 10 1978 1992 6.5% 5.8% 1952 1977 1.8% 3.0% 6 1978 1996 20% 7 1986 9.2% 10 20.6% 1996 47.9% 1986 3% 1995 8% 1984 1984 69.3% 1987 93.6% 1997 59.2% 51.2% (Zhang, 1997) (Yao, 1999) (, 1998) Liu, Wang and Yao (2001) Yao(2001) 6 1994, pp. 155 7 1978 61.2% 93.1% 1996 52.9% 5

Yan Zhang (1995) 8 7 10 9 70 (Cao, 1996) 70 8 Wu (1992) TFP 49% 1980 61% 1988 41% Wang and Yao (1998) 1995 35% 9 1998 6

51%-54% 1987 1995 154% 108% 1987 65% 1995 54% Lin Yao 1999b ( Putterman, 1997; Ronnas, 1996; Zweig, 1997) (Byrd Lin, 1990; Wu, 1990; Wu, 1992a; Zhang, 1993; Lim, 1994) (Wu, 1992b; Wu, 1992c; Wu, 1993; Jefferson, Rawski, Zheng, 1996) (Byrd Lin, 1990; Yao, 1999) (, Byrd Lin, 1990; Dong Putterman, 1997) (Chen, Watson, Findlay, 1990; Wu, 1992b; Zweig, 1997) 10 11 10 Jin Qian (1998) 1986 1994 Lin Yao 1999b 11 Lin Yao 1999a 7

8 1 1970 1978 1970 1978 / / / 2 GDP / / / 3 FDI / FDI FDI FDI FDI 4 5

6 1000 / 7 / / 8 1994 / 1979 1978 1983 HRS 1978 1997 28 1970 1997 15 15 1970 1977 15 1970 1977 1978 1997 1970 1997 1996 9

1978 1997 1978 12 1970 1997 1978 1978 1978 1978 Jin Qian (1998) 28 6 Panel Data II IV I III 1 1 1978-1997 1978 I II I 175 / 12 1978 10

1019 / 13 1978 0.24 II 14 GDP GDP 1.70 GDP 1.89 0.74 FDI 1970-1997 70 FDI II FDI 0.12 FDI 0.12 13 14 1978-1997 78 78 11

1978 1983 II 1 0.61 2 1970-1997 1970-1997 GDP FDI HRS 15 80 90 16 1978-1997 1970 70 15 1970 16 1970 70 1970 70 80 12

80 1978 1978 1970-1997 1970 1983, 1984 1991, 1992 1997 17 IV 1984 1984 1991 1992 1997 1984 1984 135.5 1984 1984 771.6 F 4.01 5% 1992 1992 282.5 1992 116.58 F 16.72 1% 1 1978-1997 1970-1997 (1) (2) (3) (4) 1468.90** 1330.4** -914.45* 112.23 17 1984 1992 1984 1992 1989-1992 13

GDP 1.69** (0.14) 659.80 (294.29) (378.27) (496.00) (543.53) (588.93) 0.04 (0.27) -1723.9** (581.52) 1528.6** (516.19) 1631.3** (668.08) -0.93** (0.16) FDI 3.43** (0.50) -2458.2 (2687.4) 0.25** 0.09-0.02** ( ) (0.006) HRS -14.31 (241.91) -46.23 (33.70) 0.70** (0.20) -723.81** (240.60) 7.23** (1.50) 0.64 (0.42) -4.52** (0.78) 1.70** (0.14) -383.97 (679.89) -0.24 (0.35) -1285.2* (716.19) 1371.2** (516.87) 4404.1** (1092.6) -1.08** (0.17) 3.49** (0.50) -117.62 (2724.6) 0.24** (0.09) -0.02** (0.006) -23.56 (236.19) -15.94 (45.56) 0.86** (0.20) -855.06** (242.12) 3.83 (2.07) 0.43 (0.47) -2.64** (0.97) -1019.3** (406.56) 175.03* (97.45) -85.10 0.48** (0.15) -537.65 (606.89) -0.12 (0.30) 1.34** (0.28) 2.37** (0.52) -0.16* (0.87) 14.94 (122.48) 105.46 (300.28) 6.64 (38.96) 1.01** (0.16) 407.73 (304.58) 3.74 (6.25) -0.03 (0.26) 303.27** (100.66) 0.74** (0.16) -6176.3** (1576.9) -1.4** (0.45) 1.08** (0.28) 2.44** (0.51) -0.07 (0.08) -229.81 (150.89) 67.33 (292.72) 143.97** (59.027) 0.92** (0.16) 287.02 (307.50) 3.70 (6.15) 1.10** (0.36) 236.97* (123.86) 1129.2** (519.94) 412.74** (132.17) -282.47** (111.51) (94.69) -164.96-587.79** 14

(125.08) (161.00) -192.87-415.52** (133.38) (131.67) 1 2 * 10% ; ** 5% 1 2 FDI 3 4 70 5 1978 1997 1970-1997 1978 1970 6 1970 1997 7 1970 1997 15

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