forward. In this paper I illustrate this idea with a study of the People's Republic of China. Under the plan, prices were …

and widely taking place in China, it is much less known whether and to what extent privatization has improved resource …While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …

private sector in urban China. We show that a reform that untied access to housing in urban areas from working for the state …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …

added production function of the State Owned (SOE) and Foreign-Funded Enterprises (FFE) in China, 1980s-2007. The transition … associated with the economic reforms in China is estimated applying a curvilinear logistic function, where the speed and the …

that the only industries in which listed companies in China display strong performance are public utilities, transportation …

, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role …

restructuring policy that goes beyond privatization. The paper concludes with a discussion of the interrelated questions of inter …