Technical Efficiency of State Owned Enterprises in China (1980-1989): An Assessment of the Economic Reforms
This 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.
|Date of creation:||Oct 2001|
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- Jefferson, Gary H, 1998. "China's State Enterprises: Public Goods, Externalities, and Coase," American Economic Review, American Economic Association, vol. 88(2), pages 428-432, May.
- Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
- Yiping Huang & K. P. Kalirajan, 1998. "Enterprise reform and technical efficiency of China's state-owned enterprises," Applied Economics, Taylor & Francis Journals, vol. 30(5), pages 585-592.
- McAfee, R Preston & McMillan, John, 1995.
"Organizational Diseconomies of Scale,"
Journal of Economics & Management Strategy,
Wiley Blackwell, vol. 4(3), pages 399-426, Fall.
- McAfee, R. Preston & McMillan, John., 1990. "Organizational Diseconomies of Scale," Working Papers 728, California Institute of Technology, Division of the Humanities and Social Sciences.
- 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.
- R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
- Zhuang, Juzhong & Xu, Chenggang, 1996. "Profit-Sharing and Financial Performance in the Chinese State Enterprises: Evidence from Panel Data," Economic Change and Restructuring, Springer, vol. 29(3), pages 205-222.
- Theodore Groves & Yongmiao Hong & John McMillan & Barry Naughton, 1994. "Autonomy and Incentives in Chinese State Enterprises," The Quarterly Journal of Economics, Oxford University Press, vol. 109(1), pages 183-209.
- Jefferson, Gary H & Rawski, Thomas G & Yuxin, Zheng, 1992. "Growth, Efficiency, and Convergence in China's State and Collective Industry," Economic Development and Cultural Change, University of Chicago Press, vol. 40(2), pages 239-266, January. Full references (including those not matched with items on IDEAS)
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