Performance of domestic and foreign-invested enterprises in China |
| |
| Affiliation: | 1. Department of Economics and Finance, University of Wyoming, United States;2. Department of Finance, Investment and Banking, Wisconsin School of Business, United States;1. School of Economics and Finance, Xi’an Jiaotong University, China;2. Department of Economics, Brandeis University, USA;3. Department of Economics, Princeton University, USA;1. Experimental Teaching Centre, Hubei University of Economics, Wuhan, China;2. School of Statistics and Mathematics, Zhongnan University of Economics and Law, Wuhan, China;3. School of Economics and Trade, Hubei University of Economics, Wuhan, China |
| |
| Abstract: | Despite increasing attention paid to China's enterprise reform since the late 1970s, relatively little is known about the performance of reformed state-owned enterprises (SOEs) and newly formed private firms vis-à-vis foreign firms in China. In this study, we examine the performance of domestic Chinese firms in various ownership categories versus foreign-invested enterprises (FIEs) based on two nation-wide surveys conducted by the National Bureau of Statistics in 1998 and 2002. We found that both domestic non-state-owned firms and foreign-invested enterprises performed better than state-owned enterprises. Meanwhile, three categories of Chinese firms—privately owned, collectively owned, and shareholding—had higher performance levels than the foreign-invested enterprises. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
