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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Dollar, David
Weitere Verfasser: Wei, Shang-Jin
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2007.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2007/009
Online Zugang:Full text available on IMF