Please use this identifier to cite or link to this item: https://doi.org/10.1016/S0939-3625(01)00007-3
Title: Privatization and economic performance: Evidence from Chinese provinces
Authors: Tian, X. 
Keywords: China
Forms of ownership
Growth
O17
O53
P2
P3
Privatization
Productivity
Issue Date: Mar-2001
Source: Tian, X. (2001-03). Privatization and economic performance: Evidence from Chinese provinces. Economic Systems 25 (1) : 65-77. ScholarBank@NUS Repository. https://doi.org/10.1016/S0939-3625(01)00007-3
Abstract: Based upon an aggregate production function, this paper develops a growth model to test the hypothesis that the further the ownership moves into private hands, the greater are efficiency gains and the more rapid is economic growth. Using provincial data in the period 1985-1997, the paper finds that the hypothesis cannot be rejected in China. That is to say, provinces with greater progress in privatization witnessed greater gains in marginal productivity of capital and more rapid economic growth. To test the robustness of the finding, the study classifies forms of ownership into different categories that represent variant degree of the privatization process. The finding suggests that China should pursue the ownership reform in the direction of privatization to maintain growth momentum. © 2001 Elsevier Science B.V.
Source Title: Economic Systems
URI: http://scholarbank.nus.edu.sg/handle/10635/132737
ISSN: 09393625
DOI: 10.1016/S0939-3625(01)00007-3
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

8
checked on Jan 17, 2018

Page view(s)

9
checked on Jan 15, 2018

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.