As the rural township, village and private enterprises are becoming
more significant in the Chinese economy, this text focuses on the
comparison of the rural (non-state) and state firms in terms of
performance. The analysis is based on the empirical results from
estimating various production functions applied to cross-section
and panel data. Both aggregate and firm-specific efficiencies are
examined in the case studies, exploring potential sources of
efficiency differentials such as ownership, scale, factor
intensity, location and economic reforms. Special attention is also
paid to the regional comparison of industrial development and
performance. The implications of the findings in the book for
economic and reform policy are thus highlighted.
General
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