TVEs: Theories and Methodology

Cheng Jin
Additional contact information
Cheng Jin: South China University of Technology

Chapter 2 in An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises, 2017, pp 19-46 from Palgrave Macmillan

Abstract: Abstract Privatisation has been spreading rapidly throughout China. A core question about this economic transition is how ownership can be defined more usefully and more accurately in terms of best-practice institutions (Qian 2003). Moreover, some critical questions remain about conventional property rights theory. Two of these are: (a) why did some of the so-called collectively owned enterprises, especially township and village enterprises (TVEs, also known as TVPs [township, village and private enterprises] in some early works—for example, Byrd and Lin (1990)), perform much better than other non-private sectors in China in the early reform days (Li 1996)? (b) Under what conditions can TVEs achieve economic success without clearly defined property rights—bearing in mind that both TVE’s output and scale experienced mushrooming growth during the 1980s and early 1990s (Qian 2003; Naughton 1994, 2006; Huang 2008)? Answers to these questions are likely to determine the answer to a more specific question: does an optimal transition path exist (Tian 2000)?

Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-59770-6_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9783319597706

DOI: 10.1007/978-3-319-59770-6_2

Access Statistics for this chapter

More chapters in Palgrave Studies in Economic History from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().