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Reforming China's SOEs: An Overview

Author

Listed:
  • Weiye Li

    (PricewaterhouseCoopers, San Jose, CA, USA)

  • Louis Putterman

    (Brown University, Providence, RI 02912, USA)

Abstract

After three decades of reform, state ownership still plays a significant if diminishing role in China's industrial sector. We survey studies that focus on the impact of reform on China's SOEs both during the early reform years from 1979 to 1992 and during the years of privatisation and corporatisation since 1993. Most studies find evidence that reforms led to productivity growth in both periods, with both the performance gap and the formal distinction between SOEs and non-SOEs appearing to narrow since the late 1990s. Comparative Economic Studies (2008) 50, 353–380. doi:10.1057/ces.2008.31

Suggested Citation

  • Weiye Li & Louis Putterman, 2008. "Reforming China's SOEs: An Overview," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 50(3), pages 353-380, September.
    • Handle: RePEc:pal:compes:v:50:y:2008:i:3:p:353-380
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    Citations

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    Cited by:

    1. Zhu, JianJun (John) & Tse, Caleb H. & Li, Xu, 2019. "Unfolding China’s state-owned corporate empires and mitigating agency hazards: Effects of foreign investments and innovativeness," Journal of World Business, Elsevier, vol. 54(3), pages 191-212.
    2. Michael Keren, 2009. "China and India - a Note on the Influence of Hierarchy vs. Polyarchy on Economic Growth," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 6(2), pages 325-346, December.
    3. Josef C. Brada & Paul Wachtel, 2018. "Comparative Economic Studies and Comparative Economics: Six Decades and Counting," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(4), pages 638-656, December.
    4. Xiaping Cao & Michael Lemmon & Xiaofei Pan & Meijun Qian & Gary Tian, 2019. "Political Promotion, CEO Incentives, and the Relationship Between Pay and Performance," Management Science, INFORMS, vol. 65(7), pages 2947-2965, July.
    5. Giorgio Prodi & Federico Frattini & Francesco Nicolli, 2016. "Regional Innovation Systems in China: A long-term perspective based on patent data at the prefectural level," SEEDS Working Papers 0316, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Apr 2016.
    6. Belesky, Paul, 2015. "Towards a New Political Economy of Food: State Capitalism and the Emergence of Neomercantilism in the Global Food System," Thesis Commons 8ckgz, Center for Open Science.
    7. Cao, Jerry & Julio, Brandon & Leng, Tiecheng & Zhou, Sili, 2016. "Political Turnover, Ownership, and Corporate Investment," RIEI Working Papers 2016-06, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration.
    8. Belesky, Paul, 2016. "Rice, politics and power: the political economy of food insecurity in East Asia," Thesis Commons hn264, Center for Open Science.
    9. Xiao, Shufeng (Simon) & Park, Byung Il, 2018. "Bring institutions into FDI spillover research: Exploring the impact of ownership restructuring and institutional development in emerging economies," International Business Review, Elsevier, vol. 27(1), pages 289-308.

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