Efficiency of Chinese Township and Village Enterprises and Property Rights in the 1990s: Case Study of Wuxi
Efficiency of Chinese Township and Village Enterprises and Property Rights in the 1990s: Case Study of Wuxi
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DOI：
10.1057/palgrave.ces.8100037
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发表时间：
2004-06
影响因子：
0.8
通讯作者：
Go Yano;Maho Shiraishi
中科院分区：
文献类型：
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作者：
Go Yano;Maho Shiraishi
考虑到设备和机器的净利用率，我们估计了乡镇集体企业相对于其他类型企业的技术效率。我们的目的是调查这些企业的模糊产权是否导致了它们在1998年开始的无锡市和江苏省大规模私有化计划之前技术效率的下降。我们的研究结果对模糊的产权与无锡市的生产或技术效率不一致的观点提出了质疑。由此可见，从现在开始，集体所有制乡镇企业的私有化可能不足以提高它们的生产率表现。
We estimate the technical efficiency of collective-owned township and village enterprises (TVEs) relative to other types of enterprise, taking into account the net work rate for equipment and machines. Our aim is to investigate whether the vaguely specified property rights of these enterprises caused them to decline in technical efficiency just before they underwent a massive privatisation programme in Wuxi City and Jiangsu province, starting in 1998. Our results cast doubt on the view that vaguely specified property rights became inconsistent with productive or technical efficiency in Wuxi City. It follows that privatisation of collective-owned TVEs may be insufficient to improve their productivity performance from now on.