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来源类型 | Article |
规范类型 | 其他 |
DOI | 10.1016/S0939-3625(02)00043-2 |
Fading out of local government ownership: Recent ownership reform in China's township and village enterprises. | |
Sun L | |
发表日期 | 2002 |
出处 | Economic Systems 26 (3): 249-269 |
出版年 | 2002 |
语种 | 英语 |
摘要 | Local government ownership has dominated China’s township and village enterprises (TVEs) and made a significant contribution to the TVE growth miracle for many years. However, since the mid-1990s, TVEs have conducted a series of radical and successful restructuring in their ownership and governance arrangements. The most striking feature of the restructuring is the fading out of local government ownership. This paper discusses why local government ownership could dominate private ownership in the first two decades of China’s transition and identifies what factors have driven the fading out of local government ownership over TVEs in recent years. It then characterizes one of the emerging joint-ownership forms called “joint-stock cooperative” (JSC) (gufen hezuozhi) and shows the adaptive efficiency of the new form. In this way, the paper also sheds light on the roles that an alternative form of ownership and governance can play in an alternative institutional environment. |
主题 | Modeling Land-Use and Land-Cover Changes (LUC) |
关键词 | Ownership restructuring Adaptive efficiency Township and village enterprise China |
URL | http://pure.iiasa.ac.at/id/eprint/6582/ |
来源智库 | International Institute for Applied Systems Analysis (Austria) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/128132 |
推荐引用方式 GB/T 7714 | Sun L. Fading out of local government ownership: Recent ownership reform in China's township and village enterprises.. 2002. |
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