China & World Economy Volume 25 Number 4 July–August 2017

Contents

Consumption Structure of Migrant Worker Families in China
Guangzhong Cao, Kai Li, Ruimin Wang, Tao Liu 1

Social Capital and Total Factor Productivity: Evidence from Chinese Provinces
Ailun Xiong, Hans Westlund, Hongyi Li, Yongjian Pu 22

China’s Housing Market Imbalance from 2003 to 2016: An Analysis Based on the User Cost Approach
Pingyao Lai 44

Development of Public Housing in Post-reform China
Jie Chen, Lingzhen Yao, Hongwei Wang 60

China’s Internet Finance: A Critical Review
Jianguo Xu 78

What Are the Determinants of Large-scale Farming in China?
Xing Xia, Xian Xin, Ling Ma 93

Local Governments’ Fiscal Pressure and the Dependence on Polluting Industries in China
Ruoyu Wang, Qi Zhang 109