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Contributions of State-Owned Enterprises to the Growth of Total Output

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  • Francois Doamekpor
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    Abstract

    This paper explores the effects of public enterprises on the growth of total output in thirty-seven countries. It uses a variant of the Cobb-Douglas production function to estimate contributions to total output. The object of this approach is to examine an alternative methodology for evaluating issues surrounding the existence of public enterprises. Within the constrains imposed by data availability on public enterprises, I find that evidence of contribution to total output, using the residual analysis method, is not as weak of fragile as previously found. This weakness is found only when the ordinary least squares regression method is used. [L32, O57]

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal International Economic Journal.

    Volume (Year): 12 (1998)
    Issue (Month): 4 ()
    Pages: 65-77

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    Handle: RePEc:taf:intecj:v:12:y:1998:i:4:p:65-77

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    1. Michaely, Michael, 1977. "Exports and growth : An empirical investigation," Journal of Development Economics, Elsevier, vol. 4(1), pages 49-53, February.
    2. Krueger, Anne O, 1978. "Alternative Trade Strategies and Employment in LDCs," American Economic Review, American Economic Association, vol. 68(2), pages 270-74, May.
    3. Ram, Rati, 1987. "Exports and Economic Growth in Developing Countries: Evidence from Time-Series and Cross-Section Data," Economic Development and Cultural Change, University of Chicago Press, vol. 36(1), pages 51-72, October.
    4. Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63, September.
    5. Furubotn, Eirik G & Pejovich, Svetozar, 1972. "Property Rights and Economic Theory: A Survey of Recent Literature," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1137-62, December.
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    Cited by:
    1. Huang, Xianfeng & Li, Ping & Lotspeich, Richard, 2010. "Economic growth and multi-tasking by state-owned enterprises: An analytic framework and empirical study based on Chinese provincial data," Economic Systems, Elsevier, vol. 34(2), pages 160-177, June.
    2. Zhou, Xiaoyan & Zhang, Jie & Li, Junpeng, 2013. "Industrial structural transformation and carbon dioxide emissions in China," Energy Policy, Elsevier, vol. 57(C), pages 43-51.
    3. Li, Minqi, 2004. "Aggregate Demand, Productivity, and "Disguised Unemployment" in the Chinese Industrial Sector," World Development, Elsevier, vol. 32(3), pages 409-425, March.

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