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Overview
As the rural township, village and private enterprises are becoming more and more significant in the Chinese economy, this book focuses on the comparison of the rural (non-state) and state firms in terms of performance. The analysis is based on the empirical results from estimating various production functions applied to cross-section and panel data. Both aggregate and firm-specific efficiencies are examined in the case-studies, exploring the potential sources of efficiency differentials such as ownership, scale, factor intensity, location and economic reforms. Special attention is also paid to the regional comparison of industrial development and performance. The implications of the findings in the book for economic and reform policy are then highlighted.
Synopsis
As the rural township, village and private enterprises are becoming more and more significant in the Chinese economy, this book focuses on the comparison of the rural (non-state) and state firms in terms of performance. The analysis is based on the empirical results from estimating various production functions applied to cross-section and panel data. Both aggregate and firm-specific efficiencies are examined in the case-studies, exploring the potential sources of efficiency differentials such as ownership, scale, factor intensity, location and economic reforms. Special attention is also paid to the regional comparison of industrial development and performance. The implications of the findings in the book for economic and reform policy are then highlighted.
Booknews
Focuses on the comparison of Chinese rural (non-state) and state enterprises in terms of performance. Drawing on empirical results from production function estimates applied to cross-section and panel data, the author examines case studies of both aggregate and firm-specific efficiencies, and explores the potential sources of efficiency differentials such as ownership, scale, factor intensity, location and economic reforms. He also compares and contrasts industrial development and performance by region, and suggests improvements to economic and reform policies. Annotation c. by Book News, Inc., Portland, Or.