Technical Efficiency of State Owned Enterprises in China (1980-1989): An Assessment of the Economic Reforms

Subhash Ray and Zhang Ping

No 2001-05, Working papers from University of Connecticut, Department of Economics

Abstract: This paper uses Data Envelopment Analysis to examine changes in levels of technical efficiency over time in China's state-owned enterprises (SOEs) during 1980-1989. Our paper adds to the growing body of literature in this area by obtaining measures of technical efficiency of individual SOEs over years and by identifying how different aspects of the reforms have affected efficiency. We estimate a Tobit regression model, using the technical efficiency score as the dependent variable and a set of reform variables and firm attributes as regressors. We find that specific aspects of the reforms were very effective in improving technical efficiency.

Pages: 24 pages
Date: 2001-10
New Economics Papers: this item is included in nep-com, nep-dev and nep-eff
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:uct:uconnp:2001-05

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