during the organizational changesassociated with privatization. A brief review of literature regarding China's enterprises … thesample period. The impact of privatization is investigated as based on the two factors ofsocial welfare responsibilities and … firmprofitability.The findings of the data analysis indicate that China'sfirm privatization occurred with limited compromise of social …

privatization of the industry. Moreover, using neighboring province values ensures instrumental variable exogeneity. Our estimates …

examines how liberalization and privatization have affected the performance of Chinese telecommunications industry. We identify … greater liberalization with increases competition as measured by reductions in industrial concentration and privatization with …