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Ownership, incentive contracts, and ...
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Qiu, Jicheng.
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Ownership, incentive contracts, and autonomy of Chinese TVEs.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Ownership, incentive contracts, and autonomy of Chinese TVEs./
作者:
Qiu, Jicheng.
面頁冊數:
165 p.
附註:
Source: Dissertation Abstracts International, Volume: 59-05, Section: A, page: 1686.
Contained By:
Dissertation Abstracts International59-05A.
標題:
Agricultural economics. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9835139
ISBN:
9780591885675
Ownership, incentive contracts, and autonomy of Chinese TVEs.
Qiu, Jicheng.
Ownership, incentive contracts, and autonomy of Chinese TVEs.
- 165 p.
Source: Dissertation Abstracts International, Volume: 59-05, Section: A, page: 1686.
Thesis (Ph.D.)--University of Southern California, 1997.
Chinese rural TVEs (Township and Village Enterprises) have played a very important role in Chinese economic reform and economic development since the late 1970s. The success of TVEs services to raise the incomes of rural peasants, and effectively facilitates the development of the Chinese rural economy.
ISBN: 9780591885675Subjects--Topical Terms:
3172150
Agricultural economics.
Ownership, incentive contracts, and autonomy of Chinese TVEs.
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Ownership, incentive contracts, and autonomy of Chinese TVEs.
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Source: Dissertation Abstracts International, Volume: 59-05, Section: A, page: 1686.
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Thesis (Ph.D.)--University of Southern California, 1997.
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Chinese rural TVEs (Township and Village Enterprises) have played a very important role in Chinese economic reform and economic development since the late 1970s. The success of TVEs services to raise the incomes of rural peasants, and effectively facilitates the development of the Chinese rural economy.
520
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The success of Chinese TVEs creates a distinct paradox inasmuch as they are largely collective enterprises. Without clearly defined property rights, generally believed to be a prerequisite for success, how can Chinese TVEs be successful? This dissertation analyzes the success of Chinese TVEs during 1985-90 in terms of ownership, incentive contracts, and autonomy in managerial decision-making. The main result of this study is that Chinese TVEs have been successful during the years under study even without privatization, due to strong incentives and product market competition and local government assistance in overcoming incomplete and imperfect markets.
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The main contribution of this study is that, it tests the comparative efficiency of different types of ownership, as well as the effects of incentive contracts, managerial autonomy, market development on TVE productivity. The main findings are: (1) Private enterprises outperformed collectively owned enterprises in the past in terms of profitability; (2) Increased managerial autonomy in collectively owned enterprises increases TVE productivity; (3) Share contracts are more profitable than quota contracts under conditions in which local government assistance to TVEs in overcoming market imperfection is important; (4) Product market competition and incentive measures have proven to be major factors contributing TVE's success.
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