3Boycko, Maxim, Sheleifer, Andrei and Vishny, Robert, 1996, "A Theory of Privatization', The Economic Journal, 106, pp.309-319.
4Dewatripont, Mathias and Eric Maskin, 1995, "Credit and Efficiency in Centralized and Decentralized Economies", Review of Economic Studies, 62(4), pp.541-55.
5Grossman, Sanford and Hart, Oliver, 1986, "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration", Journol of Political Economy, 94(4), pp. 691-719.
6Kornai, Janos. 1980, Economics of Shortage, Amsterdam: North-Holland.
7Kornai, Janos, Maskin, Eric and Roland,Gersrd. 2002, "Understanding the Soft Budget Constraint", Working Paper, UC Berkeley.
8Li, Daokui, 1992, "Public Ownership as the Cause of a Soft Budget Constraint", Mimeo, Harvard University.
9Lin, Justin Yifu; Cai, Fang and Li, Zhou. 1998, "Competition, Policy Burdens, and State-Owned Enterprise Reform", American Economic Review, 88 (2), pp.422-27.
10Lin, Justin Yifu, and Tan, Guofu, 1999, "Policy Burdens, Accountability and Soft Budget Constraint", American Economic Review, 89(2), pp.426-31.