Resource Misallocation Among Listed Firms in China : The Evolving Role of State-Owned Enterprises /

We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. Th...

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書目詳細資料
主要作者: Jurzyk, Emilia
其他作者: Ruane, Cian
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2021.
叢編:IMF Working Papers; Working Paper ; No. 2021/075
在線閱讀:Full text available on IMF