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Government's budget constraint, competition, and privatization: evidence from China's rural indust

香港中文大学 辅仁网/2017-07-06

Government's budget constraint, competition, and privatization: evidence from China's rural industry
Publication in refereed journal


香港中文大学研究人员 ( 现职)
李宏彬教授 (经济学系)


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Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/22WOS source URL

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摘要This paper examines the determinants of privatization in Chinese rural industry by using data that we collected from Southern China in 1998. By employing several econometric specifications, we find that the probability of a firm being privatized increases with the degree of product market competition and the hardness of the government's budget constraint, but that it does not vary with government policies. Our findings highlight the decentralized nature of China's reforms. (C) 2003 Association for Comparative Economic Studies. Published by Elsevier Inc. All rights reserved.

着者Li HB
期刊名称Journal of Comparative Economics
出版年份2003
月份9
日期1
卷号31
期次3
出版社ACADEMIC PRESS INC ELSEVIER SCIENCE
页次486 - 502
国际标準期刊号0147-5967
电子国际标準期刊号1095-7http://aims.cuhk.edu.hk/converis/portal/Publication/227
语言英式英语

Web of Science 学科类别Business & Economics; Economics; ECONOMICS

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