Technical Efficiency of State Owned Enterprises in China (1980-1989): An Assessment of the Economic Reforms
AbstractThis paper uses Data Envelopment Analysis to examine changes in levels of technical efficiency over time in China's state-owned enterprises (SOEs) during 1980-1989. Our paper adds to the growing body of literature in this area by obtaining measures of technical efficiency of individual SOEs over years and by identifying how different aspects of the reforms have affected efficiency. We estimate a Tobit regression model, using the technical efficiency score as the dependent variable and a set of reform variables and firm attributes as regressors. We find that specific aspects of the reforms were very effective in improving technical efficiency.
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Bibliographic InfoPaper provided by University of Connecticut, Department of Economics in its series Working papers with number 2001-05.
Length: 24 pages
Date of creation: Oct 2001
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-11-18 (All new papers)
- NEP-COM-2002-11-18 (Industrial Competition)
- NEP-DEV-2002-11-18 (Development)
- NEP-EFF-2002-12-17 (Efficiency & Productivity)
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