Ownership, performance, and innovation in China's large- and medium-size industrial enterprise sector

被引：157

作者：

Jefferson, G ^{[1
]}

Hu, AGZ

Guan, XJ

Yu, XY

机构：

[1] Brandeis Univ, Grad Sch Internatl Econ & Finance, Waltham, MA 02454 USA

[2] Natl Univ Singapore, Singapore 117548, Singapore

[3] China Natl Bur Stat, Beijing, Peoples R China

来源：

CHINA ECONOMIC REVIEW | 2003年 / 14卷 / 01期

基金：

美国国家科学基金会;

关键词：

ownership; performance; innovation; LMEs;

D O I：

10.1016/S1043-951X(03)00003-8

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

China's 22,000 large- and medium-size enterprises (LMEs) stand at the pinnacle of Chinese industry. Although they account for less than a fraction of a percent of China's nearly 8 million industrial enterprises, they collectively account for one third of the nation's total industrial output. Using a panel of these enterprise data for 1994-1999, we find a rapidly diversifying ownership structure in which the role of the state is steadily retreating. At the same time, we find considerable variation in measures of performance across ownership types and see emerging within Chinese industry, evidence of high-intensity R&D performers that exhibit substantial innovation capabilities. (C) 2003 Elsevier Science Inc. All rights reserved.

引用

页码：89 / 113

页数：25