Die Verfasser legen ein makroökonomisches Modell der chinesischen Volkswirtschaft vor, das die drei Sektoren Landwirtschaft, exportierte Industriegüter sowie nichtgehandelte Industriegüter unterscheidet. Der Staat kauft Agrarprodukte unter einem zweispurigen Preissystem auf....

We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated with ownership or institutional factors. However, in...

The role of government shareholding in corporate performance is central to an understanding of China's newly privatized large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the ownership structure of 826 listed corporations and find...