Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062313 | Economics Letters | 2007 | 6 Pages |
Abstract
The paper finds that whether local government leaders in China are motivated to privatize their SOEs depends on if the ownership transfer is expected to stimulate sufficiently high growth of local tax revenues. Meanwhile, for a specific privatization program to succeed, it has to overcome the workers compensation constraint and the bank debt-servicing constraint.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Guy S. Liu, Pei Sun, Wing Thye Woo Wing Thye Woo,