Employment Effects of Privatisation and Foreign Acquisition of Chinese State-Owned Enterprises

Yundan Gong (), Holger Görg and Sara Maioli ()
Additional contact information
Sara Maioli: Newcastle University

No 2453, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper investigates the effects of domestic privatisation or foreign acquisition of Chinese State Owned Enterprises (SOEs) on employment growth, using firm level data for China and a combination of propensity score matching and difference-in-differences in order to identify the causal effect. Our results suggest that, controlling for output growth there is some evidence that domestic privatisation leads to contemporaneous reductions in employment growth compared to firms that did not undergo an ownership change. By contrast, there is some evidence that foreign acquisitions show higher employment growth in the post acquisition period than non-acquired SOEs.

Keywords: employment growth; foreign acquisition; privatisation; difference-in-differences (search for similar items in EconPapers)
JEL-codes: F2 P2 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2006-11
New Economics Papers: this item is included in nep-cna, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published - published in: International Journal of the Economics of Business, 2007, 14(2), 197-214

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Journal Article: Employment Effects of Privatisation and Foreign Acquisition of Chinese State-owned Enterprises (2007)
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