Trade liberalization and decentralization of state-owned enterprises: Evidence from China

被引：1

作者：

Fan, Haichao ^{[1
]}

Hu, Cui ^{[2
]}

Lin, Faqin ^{[3
]}

Wang, Huanhuan ^{[4
,5
]}

机构：

[1] Fudan Univ, Sch Econ, Inst World Econ, Shanghai, Peoples R China

[2] Cent Univ Finance & Econ, Sch Int Trade & Econ, Beijing, Peoples R China

[3] China Agr Univ, Coll Econ & Management, Beijing, Peoples R China

[4] East China Normal Univ, Sch Law, Shanghai 200241, Peoples R China

[5] East China Normal Univ, Ctr China Econ Res, Sch Econ, Shanghai, Peoples R China

来源：

ECONOMIC INQUIRY | 2022年 / 60卷 / 01期

基金：

中国国家自然科学基金;

关键词：

decentralization; input tariff; output tariff; state-owned enterprise; INTERMEDIATE INPUTS; COMPETITION; PRIVATIZATION; PRODUCTIVITY; DETERMINANTS; PERFORMANCE; INFORMATION; OWNERSHIP; ACCESSION; REFORM;

D O I：

10.1111/ecin.13014

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the relationship between trade liberalization and the probability of state-owned enterprises (SOEs) being decentralized. We find that tariff cuts for inputs significantly lower the probability of a SOE being decentralized, whereas tariff cuts for outputs raise this probability. We also find that as the distance from a SOE to its overseeing government increases, the effects of input and output tariff cuts on the probability of SOEs decentralization become stronger. Our empirical results are consistent with a simple model in which local governments try to balance the costs of supervising SOEs against the profits extracted from SOEs.

引用

页码：224 / 246

页数：23

共 41 条

[1] Trade liberalization, intermediate inputs, and productivity: Evidence from Indonesia [J].

Amiti, Mary ;

Konings, Jozef .

AMERICAN ECONOMIC REVIEW, 2007, 97 (05) :1611-1638

[2] How you export matters: Export mode, learning and productivity in China [J].

Bai, Xue ;

Krishna, Kala ;

Ma, Hong .

JOURNAL OF INTERNATIONAL ECONOMICS, 2017, 104 :122-137

[3] Reforming state owned enterprises in China: Effects of WTO accession [J].

Bajona, Claustre ;

Chu, Tianshu .

REVIEW OF ECONOMIC DYNAMICS, 2010, 13 (04) :800-823

[4] Capture and governance at local and national levels [J].

Bardhan, P ;

Mookherjee, D .

AMERICAN ECONOMIC REVIEW, 2000, 90 (02) :135-139

[5] The Distinct Effects of Information Technology and Communication Technology on Firm Organization [J].

Bloom, Nicholas ;

Garicano, Luis ;

Sadun, Raffaella ;

Van Reenen, John .

MANAGEMENT SCIENCE, 2014, 60 (12) :2859-2885

[6] OWNERSHIP AND PERFORMANCE IN COMPETITIVE ENVIRONMENTS - A COMPARISON OF THE PERFORMANCE OF PRIVATE, MIXED, AND STATE-OWNED ENTERPRISES [J].

BOARDMAN, AE ;

VINING, AR .

JOURNAL OF LAW & ECONOMICS, 1989, 32 (01) :1-33

[7] A theory of privatisation [J].

Boycko, M ;

Shleifer, A ;

Vishny, RW .

ECONOMIC JOURNAL, 1996, 106 (435) :309-319

[8]

Brambilla I., 2010, NBER WORKING PAPERS

[9] WTO Accession and Performance of Chinese Manufacturing Firms [J].

Brandt, Loren ;

Van Biesebroeck, Johannes ;

Wang, Luhang ;

Zhang, Yifan .

AMERICAN ECONOMIC REVIEW, 2017, 107 (09) :2784-2820

[10] Political and economic determinants of the likelihood of privatizing Argentine public banks [J].

Clarke, GRG ;

Cull, R .

JOURNAL OF LAW & ECONOMICS, 2002, 45 (01) :165-197

← 1 2 3 4 5 →