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The desirability of WTO membership for China depends on whether its economic successes have been the result of its … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is … constrain China''s scope for experimentation. But if the experimentalist interpretation is wrong, then WTO membership is a …
Persistent link: https://www.econbiz.de/10008620416
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … advanced member of WTO. If the experimentalist interpretation of China's phenomenal growth is correct, then WTO membership is a … negative development because it could be a straitjacket for WTO-enforced institutional harmonisation that would constrain China …
Persistent link: https://www.econbiz.de/10014131390
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …
Persistent link: https://www.econbiz.de/10012026451
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10012628516
This paper considers the non-monotonic effect of the partial privatization campaign on the capital allocation … distortion of large SOEs in China by using the Chinese firm-level panel data. We construct a theoretical model to show that the … rise in the degree of partial privatization has the non-monotonic effect of removing the capital allocation distortion …
Persistent link: https://www.econbiz.de/10014110299
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10013310345
Persistent link: https://www.econbiz.de/10001612982
Persistent link: https://www.econbiz.de/10001584188
State enterprise reforms are underway in China, and include some positive and overdue corporate governance reform …
Persistent link: https://www.econbiz.de/10014120438
This paper examines the determinants of privatization in Chinese rural industry by using data that we collected from … Southern China in 1998. By employing several econometric specifications, we find that the probability of a firm being … that it does not vary with government policies. Our findings highlight the decentralized nature of China's reforms …
Persistent link: https://www.econbiz.de/10014072379