From federalism, Chinese style to privatization, Chinese style

被引：168

作者：

Cao, YZ ^{[1
]}

Qian, YY

Weingast, BR

机构：

[1] Inst Econ Syst Reform, State Commiss Restructuring & Econ Syst, Beijing, Peoples R China

[2] Stanford Univ, Dept Econ, Stanford, CA 94305 USA

[3] Stanford Univ, Hoover Inst, Stanford, CA 94305 USA

[4] Stanford Univ, Dept Polit Sci, Stanford, CA 94305 USA

来源：

ECONOMICS OF TRANSITION | 1999年 / 7卷 / 01期

关键词：

privatization; restructuring; federalism; local governments; China;

D O I：

10.1111/1468-0351.00006

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In 1995, China began a profound reform of its state-owned enterprises. We first describe and characterize this progress in two areas: privatization of small state-owned enterprises at the county level and mass Pay-offs of excess state workers at the city level. Local governments have initiated these reforms, which are proceeding in economically and politically sensible ways. We then argue that privatization, Chinese style, rests on an adequate economic and political foundation - federalism, Chinese style. We suggest a range of incentives that propel local governments toward state-owned enterprise reform, including their harder budget constraints and increased competition from the non-state sector. In this sense, federalism, Chinese style, has induced privatization, Chinese style.

引用

页码：103 / 131

页数：29