Has China’s Housing Production Peaked?
Kenneth Rogoff, Yuanchen Yang 1

What Drove Housing Wealth Inequality in China?
Guanghua Wan, Chen Wang, Yu Wu 32

The Role of the Real Estate Sector in the Structural Dynamics of the Chinese Economy: An Input−Output Analysis
Yongming Huang, Jamal Khan, Eric Girardin, Umair Shad 61

Does Security of Land Operational Rights Matter for the Improvement of Agricultural Production Effi ciency under the Collective Ownership in China?
Xianqing Ji, Shouying Liu, Jianan Yan, Youyi Li 87

Why Has China’s Current Account Balance Converged after the Global Financial Crisis?
Jianwei Xu, Panpan Yang, Guangrong Ma 109

Can Trade Facilitation Prevent the Formation of Zombie Firms? Evidence from the China Railway Express
Juncheng Li, Jun Hu, Lu Yang 130

Table of Contents, 2020 152