2Abiad, A. , E. Detragiache, and T. Tressel, 2010, "A New Database of Financial Reforms", IMF Staff Papers, Vol. 57, 281-302.
3Alien, F. , J. Qian, and M. Qian, 2005, "Law, Finance, and Economic Growth in China", Journal of Financial Economics, Vol. 77, 57-116.
4Anzoategui, D. , M. Chivakul, and W. Maliszewski, 2015, "Financial Distortions in China: A General Equilibrium Approach", IMF working paper No. 15/274.
5Bernanke, B. , and M. Gertler, 1989, "Agency Costs, Net Worth, and Business Fluctuations", American Economic Review, Vol. 79, 14-31.
6Cull, R. , W. Li, B. Sun, and L. C. Xu, 2015, " Government Connections and Financial Constraints: Evidence from A Large Representative Sample of Chinese Firms", Journal of Corporate Finance, Vol. 32, 271-294.
7Cull, R. , and L. C. Xu, 2003, "Who Gets Credit? The Behavior of Bureaucrats and State Banks in Allocating Credit to Chinese State-owned Enterprises", Journal of Development Economics, Vol. 71, 533-559.
8Diamond, P. A. , 1965, "National Debt in A Neoclassical Growth Model", American Economic Review, Vol. 55, 1126-1150.
9Ferri, G. , and L. -G. Liu, 2010, "Honor Thy Creditors Beforan Thy Shareholders: Are the Profits of Chinese State-Owned Enterprises Real.'?", Asian Economic Papers, Vol. 9, 50-71.
10He, D. , and H. Wang, 2012, "Dual-track Interest Rates and the Conduct of Monetary Policy in China", China Economic Review, Vol. 23, 928-947.