Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28170 |
来源ID | Working Paper 28170 |
The Rise of State-Connected Private Owners in China | |
Chong-En Bai; Chang-Tai Hsieh; Zheng Michael Song; Xin Wang | |
发表日期 | 2020-12-07 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We use administrative registration records with information on the owners of all Chinese firms to document their connections through equity investments. We show that the largest private owners have direct equity ties with state owners, the next largest private owners have equity ties with private owners that themselves have equity ties with state owners, and the smallest private owners do not have any ties with state owners. The network of “state-connected” private owners has expanded over the last two decades. The share of registered capital of “state-connected” private owners increased by almost 20 percentage points between 2000 and 2019. |
主题 | Macroeconomics ; International Economics ; Other ; Economic Systems |
URL | https://www.nber.org/papers/w28170 |
来源智库 | National Bureau of Economic Research (United States) |
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/585844 |
推荐引用方式 GB/T 7714 | Chong-En Bai,Chang-Tai Hsieh,Zheng Michael Song,et al. The Rise of State-Connected Private Owners in China. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28170.pdf(406KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。