The Revival of Private Enterprise in China

Abstract

Contents: Introduction, Shuanglin Lin and Shunfeng Song Part I Private Enterprises and Economic Development: Higher efficiencies or resource reallocation?, Li Gan, Shunfeng Song and Chiu Tan Size of the state-owned sector and regional growth in China, Kerk L. Phillips and Shen Kunrong Resource allocation and economic growth in China, Shuanglin Lin. Part II Government and Private Enterprises: Government and private enterprises: Wenzhou experiences, Wenbo Wu Property rights developments and productivity gains in China: a law and economics perspective, Xiaowen Tian and Vai Io Lo Evolution of economic development: entrepreneurs, market, and the state, Jack W. Hou Private enterprise development and governmental functions, Jian He. Part III Financial Reforms, Openness, and Private Enterprise Development: Causes of the non-performing loan piling-up in the late 1990s: a research note, Ding Lu, Sandre M. Thangavelu and Qing Hu Public venture capital: understanding the US and Chinese experiences, Changwen Zhao, Shuming Bao and Chunfa Chen The challenges China's private enterprises face in the WTO, Shaomin Huang, Dongxia Wu and Grant D. Forsyth. Part IV Ownership Reforms and Privatization: The privatization of Russian state industry: some lessons for China, Marshall I. Goldman Politician control, agency problems and ownership reform: evidence from China, Lixin Colin Xu, Tian Zhu and Yi-min Lin Hospital ownership: what can China learn from the US experience?, Wei Yu. Part V Corporate Governance and Efficiency: Corporate governance and the development of private enterprise in China, Aimin Chen and Ping Li The productivity efficiency of the state-owned enterprises in China, Chun-Chien Kuo The prospect of private economy in China, Xiaowen Tian Index.