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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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2007.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2007/009 |
Online Zugang: | Full text available on IMF |