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A Study on Township and Village Enterprises in China
Author: Devanathan Sevilimedu Veeravalli
Publisher:
Published: 2010
Total Pages:
ISBN-13:
DOWNLOAD EBOOKThe emergence of Township and Village Enterprises (TVEs), affectionately called as quot;Collectivesquot;, in China took everybody by surprise as its performance was spectacular and beyond comparison. Even the Chinese Government itself could not believe that performance-wise the TVEs could challenge the state-owned enterprises. The emergence of TVEs generated enormous job opportunities to the rural residents and immigrant rural population and their was a quantum leap in the per capita income of China. This article studies the emergence and the various factors of the success of the Chinese TVEs.
An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises
Author: Cheng Jin
Publisher: Springer
Published: 2017-08-11
Total Pages: 229
ISBN-13: 3319597701
DOWNLOAD EBOOKThis book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition. This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as the relative decline of TVE productivity.
The Institutional Transition of China's Township and Village Enterprises
Author: Hongyi Chen
Publisher: Routledge
Published: 2017-11-22
Total Pages: 341
ISBN-13: 1351812270
DOWNLOAD EBOOKThis title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.
The Institutional Transition of China's Township and Village Enterprises
Author: Hongyi Chen
Publisher: Routledge
Published: 2017-11-22
Total Pages: 294
ISBN-13: 1351812289
DOWNLOAD EBOOKThis title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.
China's Rural Industry
Author: World Bank
Publisher: Oxford University Press
Published: 1990
Total Pages: 464
ISBN-13: 9780195208221
DOWNLOAD EBOOKThis collection of papers presented at an international conference in 1987 provides a comprehensive analysis of China's booming rural non-state industrial sector, both collective and private.
State-owned Versus Township and Village Enterprises in China
Author: Enrico Camillo Perotti
Publisher:
Published: 1998
Total Pages: 56
ISBN-13:
DOWNLOAD EBOOKThis study presents an up-to-date survey of the comparison issue between state-owned enterprises (SOEs) and township and village enterprises (TVEs) in China. Although TVEs are disadvantaged in areas such as technology, labour skills, education levels of staff, access to bank loans and government supports, they have important advantages in ownership and governance structures, personnel systems, labour relations, and conditions of institutional arrangement.
Market in State
Author: Yongnian Zheng
Publisher: Cambridge University Press
Published: 2018-09-06
Total Pages: 493
ISBN-13: 110847344X
DOWNLOAD EBOOKUses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.
China's Economic Development
Author: Dennis Yang
Publisher: Springer
Published: 2014-12-03
Total Pages: 275
ISBN-13: 113746996X
DOWNLOAD EBOOKThis collection of papers is from Palgrave's journal Comparative Economic Studies, carefully selected by a team of expert editors, this volumes collates the most sophisticated works to provide the readers with an essential guide to the economic development of China.
The Transformation of Rural China
Author: Jonathan Unger
Publisher: Routledge
Published: 2016-09-16
Total Pages: 402
ISBN-13: 1315292033
DOWNLOAD EBOOKDuring the past quarter century Jonathan Unger has interviewed farmers and rural officials from various parts of China in order to track the extraordinary changes that have swept the countryside from the Maoist era through the Deng era to the present day. A leading specialist on rural China, Professor Unger presents a vivid picture of life in rural areas during the Maoist revolution, and then after the post-Mao disbandment of the collectives. This is a story of unexpected continuities amidst enormous change. Unger describes how rural administrations retain Mao-era characteristics - despite the major shifts that have occurred in the economic and social hierarchies of villages as collectivization and "class struggle" gave way to the slogan "to get rich is glorious." A chapter explores the private entrepreneurship that has blossomed in the prosperous parts of the countryside. Another focuses on the tensions and exploitation that have arisen as vast numbers of migrant laborers from poor districts have poured into richer ones. Another, based on five months of travel by jeep into impoverished villages in the interior, describes the dilemmas of under-development still faced by many tens of millions of farmers, and the ways in which government policies have inadvertently hurt their livelihoods.
