Estimating Productivity Dynamics During Institutional Change: An Application To Chinese State Owned Enterprises 1980-1994
AbstractWe estimate the productivity dynamics of 680 industrial Chinese State-Owned Enterprises (SOEs) between 1980 and 1994. During this time managerial autonomy over factor markets was introduced. The timing of autonomy varied across SOEs and take-up was an endogenous process: high-productivity SOEs where more likely to take managerial control. We allow for this by adapting an algorithm developed in Olley & Pakes (1996) in order to generate estimates of productivity dynamics that deal with both simultaneity and endogenous selection biases. Apart from offering a methodology to estimate productivity dynamics during endogenous institutional change, we demonstrate that SOEs in China obtained productivity gains from managerial autonomy over factor markets in the years before privatisation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Trinity College Dublin, Department of Economics in its series Trinity Economics Papers with number 2000514.
Date of creation: Aug 2005
Date of revision:
Other versions of this item:
- Patrick Paul Walsh & Peter McGoldrick, 2005. "Estimating Productivity Dynamics During Institutional Change: An Application To Chinese State Owned Enterprises 1980-1994," Trinity Economics Papers tep14, Trinity College Dublin, Department of Economics.
- NEP-ALL-2005-09-29 (All new papers)
- NEP-EFF-2005-09-29 (Efficiency & Productivity)
- NEP-PBE-2005-09-29 (Public Economics)
- NEP-SEA-2005-09-29 (South East Asia)
- NEP-TRA-2005-09-29 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jozef Konings & Patrick Paul Walsh, 1998.
"Disorganisation in the Transition Process: Firm Level Evidence from Ukraine,"
LICOS Discussion Papers
7198, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- Konings, Jozef & Walsh, Patrick Paul, 1998. "Disorganization in the Transition Process: Firm-Level Evidence from Ukraine," CEPR Discussion Papers 1928, C.E.P.R. Discussion Papers.
- Gordon, Roger H & Li, Wei, 1991. "Chinese Enterprise Behavior under the Reforms," American Economic Review, American Economic Association, vol. 81(2), pages 202-06, May.
- Mary Amiti & Jozef Konings, 2007.
"Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia,"
American Economic Review,
American Economic Association, vol. 97(5), pages 1611-1638, December.
- Amiti, Mary & Konings, Jozef, 2005. "Trade Liberalization, Intermediate Inputs and Productivity: Evidence from Indonesia," CEPR Discussion Papers 5104, C.E.P.R. Discussion Papers.
- Gary H. Jefferson & Thomas G. Rawski, 1994. "Enterprise Reform in Chinese Industry," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 47-70, Spring.
- Mathias Dewatripont & Gérard Roland, 1995.
"The design of reform packages under uncertainty,"
ULB Institutional Repository
2013/9607, ULB -- Universite Libre de Bruxelles.
- Mary Amiti & Jozef Konings, 2005. "Trade Liberalization, Intermediate Inputs, and Productivity," IMF Working Papers 05/146, International Monetary Fund.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Patricia Hughes).
If references are entirely missing, you can add them using this form.