Details

An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises


An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises


Palgrave Studies in Economic History

von: Cheng Jin

118,99 €

Verlag: Palgrave Macmillan
Format: PDF
Veröffentl.: 11.08.2017
ISBN/EAN: 9783319597706
Sprache: englisch

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

This 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.
Chapter 1. Introduction1.1. Township and village enterprise and economic duality1.2. Implications of TVE studies: macro and micro perspectives1.3. Empirical and theoretical considerations: the definition of economic environment1.4. Research Method and Methodology1.5. The purpose of this study and the structure of the bookChapter 2. TVEs: Theories and Methodology2.1. A brief introduction to TVEs2.2. A general macro-level theory review2.3. Comments on macro issues and theories2.4. Reviews of micro theory: ownership structure and entrepreneurship2.5. Implications2.6. ConclusionChapter 3. Township and Village Enterprises: History and Institutions (1958-1997)3.1. Introduction3.2. Commune-Brigade Enterprises (CBEs) in the Pre-Reform Period: 1958-19783.3. From Commune-Brigade Enterprises (CBEs) to Township and Village Enterprises (TVEs): 1978-19843.4. The Golden Age of TVEs: 1984–19973.5. ConclusionChapter 4. Ownership Structure of TVEs: TVE and Local Politics4.1. Introduction4.2. From CBE to TVE: Changes in Incentives4.3. The Nature of TVE Property Rights4.4. ConclusionChapter 5. The Fall and Rise of State-Owned Enterprises (I): The Dual-Track Price System5.1. Introduction5.2. The Dual-track System: the Pre-1998 Economy and SOEs5.3. SOEs after 1998: Monopoly and Primogeniture of the State5.4. The rise of SOEs: Accident or Inevitability?Chapter 6. The Fall and Rise of State-owned Enterprises (II): The Institutional Root of the Chinese Dual Head Economy6.1. How to Measure and Identify Successful SOEs6.2. From Central Planning to Dual-Track6.3. The Logic of SOE Reform: From Dual-track System to State Monopoly6.4. The Nature of the Chinese State Sector: From Dual-track System to State Monopoly6.5. ConclusionsChapter 7. TVE and the Economic Environment7.1. Market Environment: Is there a Chinese Index?7.2. The ‘Old’ Reform7.3. The ‘New’ Reform7.4. The Nature of the Chinese Economic EnvironmentChapter 8. Conclusions8.1. Structure of this book8.2. Conclusion I: the micro structure of TVE ownership8.3.  Conclusion II: SOE sector as the economic environment 8.4. Conclusion
Cheng Jin is Associate Research Fellow in the Institute of Public Policy at the South China University of Technology, China. His research areas include imperial China’s land market, and China’s fiscal management from the seventeenth to the nineteenth century.
This 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.
Traces the evolution of the relationship between Township and Village Enterprises (TVEs) and State-Owned Enterprises (SEOs)Demonstrates that the SOE institution has been integrated so centrally into China’s basic political and economic institutional framework that changes taking place in SOE institutions in the late twentieth century were bound to impact on TVEsAttributes part of TVEs’ outstanding economic performance to subsidies from the SOE sector, above all through the dual-track systemAddresses the link between China’s economic environment and the economic performance of TVEs

Diese Produkte könnten Sie auch interessieren:

The First Export Era Revisited
The First Export Era Revisited
von: Sandra Kuntz-Ficker
PDF ebook
142,79 €
Wissenschaftliches Arbeiten
Wissenschaftliches Arbeiten
von: Manuel René Theisen, Martin Theisen
EPUB ebook
13,99 €