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Using data from a recent national survey on the ownership reform of state-owned enterprises in China, we study the …
Persistent link: https://www.econbiz.de/10014094187
We describe features of the Chinese financial system that inhibited effective financial intermediation from 1980 to 1994 and investigate whether, despite these impediments, bank finance flowed to state-owned enterprises with higher subsequent productivity than did direct government transfers. We...
Persistent link: https://www.econbiz.de/10012788100
A void in the literature on the business environment is how it evolves over time. Focusing on China during its crucial … two decades of transition (from the early 1990s to the early 2010s), this paper documents how the country's business … better educated, with more diverse sectoral experience. Market competition increased over time, especially after China …
Persistent link: https://www.econbiz.de/10012229761
the government set up to shape the business environment of private firms. Focusing on China during its crucial two decades … of transition (from the early 1990s to the early 2010s), this paper documents how the country's business environment and … educated, with more diverse sectoral experiences. Market competition increased over time, especially after China's World Trade …
Persistent link: https://www.econbiz.de/10013429120
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. Using a rich set of panel data about changes in China`s state-owned enterprises, Xu examines the static and dynamic effects … performance contracts - conventionally viewed as the most important reforms for China's state enterprises - did not improve …
Persistent link: https://www.econbiz.de/10012749219
Through the lens of the theory of the firm, I examine how a series of reforms affected the performance of Chinese state-owned enterprises with a panel dataset of more than 500 firms. The study finds that performance improved with various reforms such as increasing competition, appointing new...
Persistent link: https://www.econbiz.de/10014147124
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