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Different Transition Path: Ownership, Performance, and Influence of Chinese Rural Industrial Enterprises

Author: Chenggang Xu
Published: March 1995
Publisher: Taylor & Francis, Inc.
ISBN: 0815316291
Hardcover Book
Number of Pages: 184
 
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Different Transition Path: Ownership, Performance, and Influence of Chinese Rural Industrial Enterprises

Examines the township-village enterprise, the backbone of China's rapid economic reforms and major growth in the non-state sector. The institution contrasts strongly with the centralized, hierarchical structures of the Soviet Union and eastern Europe. The success of these loose cooperatives with vaguely defined ownership challenges the conventional theories of property ownership. The cooperatives seem also to have altered migration patterns; a model is developed to explain why people move from poor rural areas to rich rural areas instead of to the cities.

Table of Contents
Preface
Ch. 1 Introduction 3
Ch. 2 Productivity and Behavior of Chinese Rural Industrial Enterprises 9
Ch. 3 Chinese Township-Village Enterprises as Vaguely Defined Cooperatives 61
Ch. 4 Risk Aversion, Rural-Urban Wage Differentiation, and Migration 97
References 151
Index 167

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Different Transition Path: Ownership, Performance, and Influence of Chinese Rural Industrial Enterprises





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