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Ownership Structure and Determinants of Technical Efficiency: An Application of Data Envelopment Analysis to Chinese Enterprises (1986-1990)
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1998
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Resource ProductivityResource EfficiencyIndustrial PolicyFirm PerformanceEconomic DevelopmentEducationEconomic GrowthIndustrial OrganizationProductivityEco-efficiencyManagementEconomic AnalysisInternational BusinessEconomicsOwnership StructureCorporate GovernanceIndustrial DevelopmentBusinessEconometricsChinese IndustryBusiness StrategyData Envelopment AnalysisTechnical Efficiency
Since economic reforms were initiated in 1978, Chinese industry has experienced dramatic changes in ownership structure and management system. Based on samples in seven three-digit industries in China during 1986-1990, this study evaluates the technical efficiency of enterprises by means of data envelopment analysis. Differences in technical efficiency between state, collective, and township-village enterprises are demonstrated. Limited dependent variable models are employed to analyze determinants of technical efficiency and the impact of various incentive schemes.