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Restructuring Chinese Enterprises: Effects of Federalism and Privatization Initiatives on Business
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Authors:  Sean Dougherty, Robert H. McGuckin, III
Publication Date:  January 2002
Report Number:  R-1311-02-RR

This report examines the progress of China’s transition to a market economy by assessing how its program of increased federalism and more private ownership has affected business productivity, using a comprehensive data set of almost 23,000 enterprises operating in China in 1995.

Major findings:

  • State-Owned Enterprises Are Not All Alike
  • Locally Administered Firms of All Ownership Structures Perform Better
  • Ownership Structure Matters for Federally Administered Enterprises
  • Mixed Private and Public Enterprises are More Efficient Than State-Owned Enterprises in Both Federal and Local Jurisdictions
  • Structural Reforms Likely to Continue

Special features:

  • Executive summary and description of study design
  • Firm characteristics by ownership type and jurisdiction

 

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Report size: 1.53MB

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