Efficiency-enhancing effects of private and collective enterprises in transitional China
AbstractPrivate and collective enterprises are expected to increase overall efficiency in transitional China, partly because they are more efficient than state owned enterprises. More importantly, this paper argues, they induce efficiency gains in state owned enterprises and the economy as a whole. Empirical evidence from 28 Chinese provinces between 1993 and 1998 gives support to this hypothesis by showing that the activity levels of private enterprises and rural collective enterprises have a positive effect on regional labor productivity. --
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Bibliographic InfoPaper provided by Justus Liebig University Giessen, Center for international Development and Environmental Research (ZEU) in its series Discussion Papers with number 9.
Date of creation: 2002
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China; private enterprises; collective enterprises; efficiency; labor productivity;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
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