The Change in Productivity of Chinese State Enterprises , 1983 - 1987
نویسندگان
چکیده
This study estimates the change in productivity of Chinese state enterprises during 1983–87 using a panel data set of 403 firms. A new approach to productivity measurement is used. Under this approach, the production functions can differ arbitrarily across firms, important given the heterogeneity of the sample. The resulting coefficients estimate the marginal products of each factor as well as overall productivity growth. The results suggest Chinese productivity increased by 4.6% per year, with about half of this growth due to the rapidly improving education of the labor force.
منابع مشابه
Productivity Improvement and Strategies for State Owns Enterprises
Extensive government control over industrial and service sectors show it could not overcome the increasing misuse of public resources, raisins debts, lack of improvement in operation efficiency and mismanagement. Numerous productivity programs could be a key to improve performances. In present article a case of productivity program in one of State Owned Enterprises (SOEs) namely Isfahan Steel M...
متن کاملارزیابی مقایسهای بهرهوری، قبل و بعد از خصوصیسازی با استفاده از مدل ارزش افزوده
Privatization has been one of the most important aspects of the economic transition from a Centralized economy to a market economy In order to have maximum productivity. Theoretical arguments and empirical evidence suggests an effective performance incentive mechanism and corporate governance, and increase their productivity if the lack of government interference. In this study, after identifyi...
متن کاملReforms and Productivity Dynamics in Chinese State-Owned Enterprises
Reforms and Productivity Dynamics in Chinese State-Owned Enterprises Institutional change has taken place gradually since 1978 for State-Owned Enterprises (SOEs) in the Industrial Sector of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital and operate on international markets) on the productivity dynamics of enterprises. Using a ...
متن کاملIT, Enterprise Reform and Productivity in Chinese Manufacturing Firms
This paper is a first attempt of looking into the impact of IT and enterprise reform on productivity of Chinese manufacturing firms by using large scale firm level datasets from 1995 to 2002. It is found that enterprise reforms captured by entry and exit of firms have a positive impact on aggregated productivity growth. In addition, IT plays relatively more important role in productivity perfor...
متن کاملTechnical Efficiency, Technological Change and Total Factor Productivity Growth in Chinese State-Owned Enterprises in the Early 1990s
Based on a framework proposed by Battese and Coelli (1995), we estimated the stochastic frontier production function for four Chinese industries: building materials, chemicals, machinery and textiles during 1990–1994. The type of technological change is tested and total factor productivity (TFP) growth is calculated for each industry. We found no evidence of technological change in the building...
متن کامل