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Book Productive Performance in Chinese Enterprises

Download or read book Productive Performance in Chinese Enterprises written by Yanrui Wu and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Productive Performance of Chinese Enterprises

Download or read book Productive Performance of Chinese Enterprises written by Y. Wu and published by Springer. This book was released on 1996-04-15 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: `The book is an excellent example of the application of modern econometric techniques to Chinese data, some of which was especially collected for the research. The results throw new light on aspects of industrial sector reform in China. The book deserves wide attention from those interested in the economic reforms in China, especially those interested in the implications of the reforms for industrial sector efficiency and productivity growth.' - Christopher Findlay, University of Adelaide As the rural township, village and private enterprises are becoming more and more significant in the Chinese economy, this book focuses on the comparison of the rural (non-state) and state firms in terms of performance. The analysis is based on the empirical results from estimating various production functions applied to cross-section and panel data. Both aggregate and firm-specific efficiencies are examined in the case studies, exploring potential sources of efficiency differentials such as ownership, scale, factor intensity, location and economic reforms. Special attention is also paid to the regional comparison of industrial development and performance. The implications of the findings in the book for economic and reform policy are thus highlighted.

Book Productive Performance of Chinese Enterprises

Download or read book Productive Performance of Chinese Enterprises written by Yanrui Wu and published by . This book was released on 1993 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Impact of Ownership and Competition on the Productivity of Chinese Enterprises

Download or read book Impact of Ownership and Competition on the Productivity of Chinese Enterprises written by Anming Zhang and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Resource Misallocation Among Listed Firms in China  The Evolving Role of State Owned Enterprises

Download or read book Resource Misallocation Among Listed Firms in China The Evolving Role of State Owned Enterprises written by Ms. Emilia M Jurzyk and published by International Monetary Fund. This book was released on 2021-03-12 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.

Book Productivity Performance and Priorities for the Reform of China s State owned Enterprises

Download or read book Productivity Performance and Priorities for the Reform of China s State owned Enterprises written by Frances Perkins and published by Research School of Pacific Studies Australian National Univ. This book was released on 1995 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: First of the East Asia stream in the'Economics Division Working Papers'series in Pacific and Asian studies. Reports on the productivity, performance and priorities for the reform of China's state-owned enterprises. The report is the result of a 1993 survey of 300 state-owned, collective and foreign-funded enterprises in three of China's coastal provinces. Includes charts, diagrams and a list of references.

Book Productivity Performance of Chinese Rural Enterprises

Download or read book Productivity Performance of Chinese Rural Enterprises written by Yanrui Wu and published by . This book was released on 1992 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book China s Economic Growth

Download or read book China s Economic Growth written by Yanrui Wu and published by Routledge. This book was released on 2004-03-01 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current growth of the Chinese economy is of immense importance for the global economy. This book outlines the main characteristics of Chinese economic growth over the last two decades, and investigates in detail the key determinants of growth, especially capital formation and productivity issues. It goes on to examine the important related questions of employment and underemployment, regional disparity, and economic integration, exploring in detail how far economic integration has taken place in south China, including the economies of Hong Kong and Taiwan, and how far this integration has been a determinant of economic growth. The book makes comparisons with other East Asian economies, and concludes with a consideration of the prospects for continuing growth in the twenty-first century.

Book A Different Transition Path

Download or read book A Different Transition Path written by Chenggang Xu and published by Routledge. This book was released on 2018-07-27 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1995 this volume examines and analyzes the factors that have made the township-village enterprise (TVE) such a driver of growth in the Chinese economy in recent years. The book analyzes the background of the TVE and discusses regional differences in TVE efficiency as well as examining the apparent contradiction of the success of the TVE despite the lack of well-defined property rights. Issues of rural-rural and rural-urban migration phenomena are discussed and the differences discussed between the Chinese economy and those of other developing nations.

Book Analyzing the TFP Performance of Chinese Industrial Enterprises

Download or read book Analyzing the TFP Performance of Chinese Industrial Enterprises written by Kui-Wai Li and published by . This book was released on 2015 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: After nearly four decades of rapid growth, the China economy is faced with various challenges. The 2008 crisis would have served as the last straw as China experienced falls and volatilities in industrial output, export and foreign direct investment. The new policy focuses on expansion of domestic consumption and rebalancing. Given the unreliability of Chinese products, there is a need to rebuild product acceptability and market confidence. The structure of industrial enterprises, especially the small- and medium-sized enterprises, will play a crucial role in the next phase of development in the China economy. This paper uses the data on Chinese industrial enterprises to estimate the productivity performance of enterprises across region and industries. The discussion is placed on the impact of the 2008 financial crisis on the China economy and industries enterprises. By using a simple methodology and OLS regression analysis on the estimation of total factor productivity, the empirical results show that SMEs and non-SMEs do perform differently in different industries and across regions, but SMEs suffered more than non-SMEs since the 2008 crisis.

Book A Comparative Study of Productivity and Efficiency Among State owned  Private and Foreign funded Enterprises in China

Download or read book A Comparative Study of Productivity and Efficiency Among State owned Private and Foreign funded Enterprises in China written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: (Uncorrected OCR) Abstract of thesis entitled "A Comparative Study of Productivity and Efficiency among State-owned, Private and Foreign-funded Enterprises in China" Submitted by Tang Yuen Wai, Livia for the Master of Arts in China Area Studies at the University of Hong Kong in June 2003 Abstract: China's economy and its industries have been in a state of continuous transition since 1980. Three types of enterprise have been chosen for this study, to compare their productivity and efficiency. All three have played significant roles throughout the period of China's economic development. The investing environment in China, which attracts numerous investors from both the local and worldwide scenes, has been changing rapidly. The state sector has undergone reforms and privatizations aimed at correcting the problems oflow performance and loss making situations. At the same time, the private sector has undergone rapid change due to the transformation of the Chinese market. In addition, the emergence of foreign funded enterprises in China has facilitated domestic economic growth. This study discusses the path which each of the three selected types of enterprise will follow, including the problems they will face. It uses three sets of economic indicators to compare the three types of enterprise: fundamental value, industrial performance and productivity & efficiency. Through the comparisons, we find that state-owned enterprises obtain the lowest level of productivity and efficiency while foreign- funded enterprises ha ve the highest. It is suggested that the results are significant for the government in its aim of providing a stable political as well as investment environment so as to achieve the greatest possible development during China's transition to a modem market ecommy.

Book The Performance of the State owned Enterprises in China

Download or read book The Performance of the State owned Enterprises in China written by Ping Zhang and published by . This book was released on 2004 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Assessing Gains in Efficient Production Among China s Industrial Enterprises

Download or read book Assessing Gains in Efficient Production Among China s Industrial Enterprises written by Gary H. Jefferson and published by . This book was released on 1992 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's program of gradual and partial reform has substantially improved economic performance. Despite lingering market rigidities, bargaining, patronage, soft budget constraints, and other phenomena that shield state- owned industrial enterprises from external pressure, industrial managers are economizing more on labor, capital, and materials.

Book A Study on the Productivity and Efficiency Effects of Enterprise Reforms in China

Download or read book A Study on the Productivity and Efficiency Effects of Enterprise Reforms in China written by Song Gao and published by . This book was released on 2009 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation studies the progress and impacts of State-Owned Enterprises (SOEs) reforms in China. The primary interests center on impacts of non-ownership-change reforms and privatization on Chinese SOEs' productivity and efficiency. The research comprises of three major sections. Section one briefly reviews the history of SOEs' reform in China and examines the changes in some selected performance indicators with help of a comprehensive dataset on 863 Chinese firms from 1995 to 2001. In addition, causes of Chinese SOEs' privatization and determinants of firms' inefficiency are also studied. Section two examines the effects of privatization and non-ownership-change reforms on firms' productivity in China. As one of the most prominent empirical challenges in China privatization studies, the endogeneity problems are addressed with a first-difference instrumental variable GMM estimation. The estimation results show that privatization does not improve firms' productivity immediately. Instead, its effects become significantly positive in the year after conversion. In addition, partial privatization fails to lead to improved efficiency whereas insider privatization boosts firms' productivity shortly after the first year of privatization but the effects quickly fade after two years of privatization. Lastly, all non-ownership-change reforms, except leasing, are proved to be ineffective even when issues like social burdens, worker redundancy, management incentives and soft-budget constraint are tackled before the restructuring. To shed light on impacts of privatization on firms' technical efficiency, Section three proposes a two-step stochastic frontier model. The first step addresses the endogeneity issue by estimating the probability of privatization with a random effects probit model. The second step estimation investigates the causes of Chinese manufacturing's inefficiency with a random-effects stochastic frontier model. The estimation results suggest that privatization, hardening budget constraint and reducing firms' social obligations have significantly contributed to the improvements of firms' efficiency. However, no evidence is found that more autonomy for managers and lower debt asset ratio may help improve firms' efficiency.