Abstract

This study investigates whether the enterprise reforms were helpful for the technical efficiency of China's state-owned enterprises. A stochastic varying coefficients frontier approach is applied on enterprise survey data in 1992. The results suggest that exposure to market competition (or less state intervention) is positively correlated with firms' level of technical efficiency. There is no evidence, however, of positive contribution by adoption of the new enterprise institutions to technical efficiency.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.