Das (Wasted) Kapital : Firm Ownership and Investment Efficiency in China /

Based on a survey that we designed and that covers a stratified random sample of 12,400 firms in 120 cities in China with firm-level accounting information for 2002-2004, this paper examines the presence of systematic distortions in capital allocation that result in uneven marginal returns to capita...

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Hlavní autor: Dollar, David
Další autoři: Wei, Shang-Jin
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2007.
Edice:IMF Working Papers; Working Paper ; No. 2007/009
On-line přístup:Full text available on IMF