This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …

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 …

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 …

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 …

State enterprise reforms are underway in China, and include some positive and overdue corporate governance reform …

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 …

industry in two provinces of China. We find that privatization was associated with increased wage and earnings inequality. We … a matched sample of employees and enterprises, we examine the effects of privatization on wage structures in rural …