Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5092673 | Journal of Comparative Economics | 2006 | 26 Pages |
Abstract
Using panel data on 165 rural and urban firms from Nanjing municipality and its environs, we investigate the pattern and consequences of property rights reform and privatization in the late 1990s. We find that privatization policies appear to have targeted the weakest firms in the urban sector, whereas no correlation is found between performance and selection for privatization in the rural sector. For urban firms, the adoption of some degree of private ownership is associated with significant improvements in productivity and profitability; in contrast, the positive effects of privatization on rural firms are found only for some measures. Journal of Comparative Economics 34 (3) (2006) 608-633.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Xiao-yuan Dong, Louis Putterman, Bulent Unel,