Dong, Xiao-Yuan; Putterman, Louis; Unel, Bulent - 2004
the reform program of “grasp the large and let go of the small” has been carried out in practice by comparing the patterns … of enterprise restructuring in the SOEs and the TVEs. Second, we investigate how the alternative reform strategy has … worker earnings. We find a sharp contrast in the reform strategies of the SOEs and TVEs in two respects. First, the changes …