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Township and village enterprises in China

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  • V N Balasubramanyam
  • X Fu

Abstract

Township and Village Enterprises (TVEs) have played a significant role in the growth of the Chinese economy since the economic reforms of 1978. This paper analyses the productive efficiency of a cross section of TVEs in the manufacturing sector. TVEs are found to be much more efficient than comparable state-owned enterprises (SOEs). They are also competitive in the international markets. Their management which responds to market forces and their outward-orientation have contributed to their productive efficiency. The paper concludes that efficient management, which successfully exploits the endowments and resources of the country rather than the nature of ownership of production entities, is crucial to the success of manufacturing firms.
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Suggested Citation

  • V N Balasubramanyam & X Fu, 2002. "Township and village enterprises in China," Working Papers 539923, Lancaster University Management School, Economics Department.
  • Handle: RePEc:lan:wpaper:539923
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    Cited by:

    1. repec:taf:ceasxx:v:70:y:2018:i:2:p:277-296 is not listed on IDEAS
    2. Andy Cosh & Xiaolan Fu & Alan Hughes, 2005. "Management characteristics, collaboration and innovative efficiency: evidence from UK survey data," Working Papers wp311, Centre for Business Research, University of Cambridge.
    3. Xiaolan Fu, 2005. "Exports, technical progress and productivity growth in a transition economy: a non-parametric approach for China," Applied Economics, Taylor & Francis Journals, vol. 37(7), pages 725-739.
    4. Wacker, John G. & Yang, Chen-Lung & Sheu, Chwen, 2006. "Productivity of production labor, non-production labor, and capital: An international study," International Journal of Production Economics, Elsevier, vol. 103(2), pages 863-872, October.
    5. Shenggen Fan & Ravi Kanbur & Shang-Jin Wei & Xiaobo Zhang, 2013. "The Economics of China: Successes and Challenges," NBER Working Papers 19648, National Bureau of Economic Research, Inc.
    6. Zeting LIU, 2013. "Les PME dans les politiques de soutien à l’innovation en Chine THE POSITION OF SMES WITHIN THE INNOVATION POLICY IN CHINA," Working Papers 266, Laboratoire de Recherche sur l'Industrie et l'Innovation. ULCO / Research Unit on Industry and Innovation.
    7. Wang, Jiao & Mayes, David & Wan, Guanghua, 2005. "Income Distribution and Labour Movement in China after WTO Membership: A CGE Analysis," WIDER Working Paper Series 038, World Institute for Development Economic Research (UNU-WIDER).
    8. Céline Bonnefond & Matthieu Clément, 2012. "An analysis of income polarisation in rural and urban China," Post-Communist Economies, Taylor & Francis Journals, vol. 24(1), pages 15-37, June.
    9. Ito, Junichi, 2006. "Economic and institutional reform packages and their impact on productivity: A case study of Chinese township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 34(1), pages 167-190, March.
    10. Alberto GABRIELE, 2016. "Lessons from Enterprise Reforms in China and Vietnam," Journal of Economic and Social Thought, KSP Journals, vol. 3(2), pages 265-284, June.
    11. Székely-Doby, András, 2014. "A kínai reformfolyamat politikai gazdaságtani logikája
      [The politico-economic logic of the Chinese reform process]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1397-1418.
    12. Xiaolan Fu, 2004. "Exports, Technical Progress and Productivity Growth in Chinese Manufacturing Industries," Working Papers wp278, Centre for Business Research, University of Cambridge.
    13. Guo Yung-Hsing, 2011. "How Low- and Medium-technology Industries in Developing Countries Compete with Multinationals: Lessons from China’s Home Electronics Sector," Chapters,in: Knowledge Transfer and Technology Diffusion, chapter 9 Edward Elgar Publishing.
    14. Singh, Nirvikar, 2007. "Fiscal Decentralization in China and India: Competitive, Cooperative or Market Preserving Federalism?," Santa Cruz Department of Economics, Working Paper Series qt76d8b4hm, Department of Economics, UC Santa Cruz.
    15. repec:eee:wdevel:v:96:y:2017:i:c:p:591-598 is not listed on IDEAS
    16. Xiaolan Fu & V.N.Balasubramanyam, 2004. "Exports, FDI, Growth Of Small Rural Enterprises And Employment In China," Working Papers wp286, Centre for Business Research, University of Cambridge.
    17. Wang, Jiao & Mayes, David & Wan, Guanghua, 2005. "Effects of WTO membership on income distribution and labour movement in China : A CGE analysis," BOFIT Discussion Papers 18/2005, Bank of Finland, Institute for Economies in Transition.
    18. Fan, C. Simon & Stark, Oded, 2008. "Rural-to-urban migration, human capital, and agglomeration," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 234-247, October.

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