Productivity and efficiency of state-owned enterprises in China

Productivity and efficiency of state-owned enterprises in China

The purpose of this paper is to evaluate the variations in SOE efficiency and productivity from the perspectives of macroeconomic fluctuations and systematic reform in China during 1986-2003. We use Data Envelopment Analysis to measure SOE efficiency. Subsequently, we use the Malmquist Index of Prod...

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Veröffentlicht in:Journal of productivity analysis 2008-06, Vol.29 (3), p.249-259
Hauptverfasser: Fu, Feng-Cheng, Vijverberg, Chu-Ping C., Chen, Yong-Sheng
Format: Artikel
Sprache:eng
Schlagworte:
Accounting/Auditing
Data envelopment analysis
Econometrics
Economic development
Economic efficiency
Economic fluctuations
Economic growth
Economic growth rate
Economic reform
Economic systems
Economics
Economics and Finance
Efficiency metrics
International relations
Linear programming
Macroeconomic reform
Macroeconomics
Microeconomics
Operations Research/Decision Theory
Productive efficiency
Productivity
Public enterprise
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Zusammenfassung:The purpose of this paper is to evaluate the variations in SOE efficiency and productivity from the perspectives of macroeconomic fluctuations and systematic reform in China during 1986-2003. We use Data Envelopment Analysis to measure SOE efficiency. Subsequently, we use the Malmquist Index of Productivity change to measure productivity growth. The empirical results show that SOE efficiency and productivity exhibited obvious improvements during periods of strong systematic reform and a prosperous economy. The systematic reform after 1998 had a clear-cut impact on SOE performance.
ISSN:0895-562X
1573-0441
DOI:10.1007/s11123-007-0078-y