Xu, Lixin Colin; Zhu, Tian; Lin, Yi-min - In: The Economics of Transition 13 (2005) 1, pp. 1-24
Using data from a recent national survey on the ownership reform of state-owned enterprises in China, we study the effects of reducing politician control and agency problems on a number of reform outcomes. Taking into account the endogenous nature of the reform, we find that these outcome...