 An analysis of the comprehensive efficiency and its determinants of China's National Champions: Competition Neutrality vs. Ownership NeutralityYuning Gao, Gengyun Cheng and Yingjun Ma Structural Change and Economic Dynamics, 2021, vol. 59, issue C, 320-329 Abstract: The existing literature lack of a comprehensive framework for measuring and comparing the efficiency of different types of enterprises. Distinguished from the traditional efficiency, this paper constructs the comprehensive efficiency from a multi-output productivity model including net profit and external enterprise social responsibility based on the Data Envelopment Analysis. This research measures the comprehensive efficiency of sample enterprises from 2003 to 2016. With regress method and robust test, the results show that the comprehensive efficiency of central SOEs is higher than its traditional efficiency and enterprise ownership has a significant and differentiated effect on the two different efficiency performance. In terms of industry heterogeneity, central SOEs in resource-intensive and labor-intensive industries have higher comprehensive efficiency. Keywords: Competition neutral; Ownership neutral; China's central state-owned enterprises; Comprehensive efficiency (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:59:y:2021:i:c:p:320-329 DOI: 10.1016/j.strueco.2021.09.001 Access Statistics for this article Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen More articles in Structural Change and Economic Dynamics from Elsevier |
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