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

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AbstractThis 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.
All Author(s) ListLi HB
Journal nameJournal of Comparative Economics
Year2003
Month9
Day1
Volume Number31
Issue Number3
PublisherACADEMIC PRESS INC ELSEVIER SCIENCE
Pages486 - 502
ISSN0147-5967
eISSN1095-7227
LanguagesEnglish-United Kingdom
Web of Science Subject CategoriesBusiness & Economics; Economics; ECONOMICS

Last updated on 2020-29-11 at 01:10