The Impact of State-Owned Enterprises on China's Economic Growth

被引：41

作者：

Qi, Hao ^{[1
]}

Kotz, David M. ^{[2
,3
]}

机构：

[1] Renmin Univ China, Sch Econ, 59 Zhongguancun St, Beijing 100872, Peoples R China

[2] Univ Massachusetts, Dept Econ, Amherst, MA 01003 USA

[3] Shanghai Univ Finance & Econ, Sch Econ, Shanghai, Peoples R China

来源：

REVIEW OF RADICAL POLITICAL ECONOMICS | 2020年 / 52卷 / 01期

关键词：

state-owned enterprises; economic growth; stabilizer; Chinese economy; AGGREGATE DEMAND; INCOME;

D O I：

10.1177/0486613419857249

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper considers the impact of state-owned enterprises on economic growth in China. We consider several possible channels through which state-owned enterprises might play a pro-growth role: first, stabilizing growth in economic downturns by carrying out massive investments; second, promoting technical progress by investing in riskier areas of technology; third, by following a high-road approach to treating workers by paying a living wage which is favorable for China to move toward a more sustainable growth model in the future. Our empirical analysis finds that a higher share of state-owned enterprises is favorable to long-run growth and tends to offset the adverse effect of economic downturns on the regional level. JEL Classification: E11, O47, P31

引用

页码：96 / 114

页数：19

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