EFFICIENCY-ENHANCING EFFECTS OF PRIVATE AND COLLECTIVE ENTERPRISES IN TRANSITIONAL CHINA

Private 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.


Issue Date:
2002
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/26467
Total Pages:
30
Series Statement:
Discussion Paper No. 9




 Record created 2017-04-01, last modified 2017-08-24

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