中国国有企业效率低下吗?

IF 1.4 Q3 ECONOMICS
Shaomin Li, Y. Lin, David D. Selover
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引用次数: 25

摘要

摘要利用2000-2005年中国制造业企业普查数据构建的20多万家中国企业面板数据集,比较了中国国有企业和民营企业在回报率、生产率、增长、成本和投资等方面的表现。通过面板回归,我们发现中国工业国有企业的效率确实低于私营企业,并且不太关注成本、库存、应收账款、投资、员工福利、融资和管理。我们发现这对他们的表现有不利影响。研究结果与软预算约束假说一致。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Chinese State-Owned Enterprises: Are They Inefficient?
Abstract Using a panel data set of 200,000+ Chinese firms constructed by merging the Chinese census of manufacturing firms for 2000–2005, we compare the performance of Chinese state-owned enterprises (SOEs) and private firms in terms of rates of return, productivity, growth, costs, and investment. Using panel regressions, we find that Chinese industrial state-owned enterprises are, indeed, less efficient than private firms and pay less attention to costs, inventories, accounts receivables, investment, employee welfare, financing, and administration. We find that this adversely affects their performance. The findings are consistent with the soft-budget constraint hypothesis.
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来源期刊
CHINESE ECONOMY
CHINESE ECONOMY ECONOMICS-
CiteScore
4.10
自引率
15.00%
发文量
24
期刊介绍: The Chinese Economy offers an objective and analytical perspective on economic issues concerning China. It features research papers by scholars from around the world as well as selected translations of important articles from Chinese sources. The journal aims to provide expert insight on China"s economic development and directions for future research and policy analysis.
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