کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5092621 | 1375944 | 2009 | 18 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
How does privatization work in China?
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
Using a comprehensive panel data set of China's state-owned enterprises, we investigate the impacts of privatization on social welfare and firm performance indicators. The privatization of China's state-owned enterprises was found to have little impact on the change of firm employment, but it did lead to increasing sales and hence higher labor productivity. Meanwhile, there was a gain in firm profitability contributed to mostly by the reduction of managerial expenses to sales. The impact of privatization was sustainable in the long run, and was more pronounced when state ownership was reduced to minority position as opposed to majority position.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Comparative Economics - Volume 37, Issue 3, September 2009, Pages 453-470
Journal: Journal of Comparative Economics - Volume 37, Issue 3, September 2009, Pages 453-470
نویسندگان
Chong-En Bai, Jiangyong Lu, Zhigang Tao,