Trade liberalization and decentralization of state-owned enterprises: Evidence from China

被引:1
|
作者
Fan, Haichao [1 ]
Hu, Cui [2 ]
Lin, Faqin [3 ]
Wang, Huanhuan [4 ,5 ]
机构
[1] Fudan Univ, Sch Econ, Inst World Econ, Shanghai, Peoples R China
[2] Cent Univ Finance & Econ, Sch Int Trade & Econ, Beijing, Peoples R China
[3] China Agr Univ, Coll Econ & Management, Beijing, Peoples R China
[4] East China Normal Univ, Sch Law, Shanghai 200241, Peoples R China
[5] East China Normal Univ, Ctr China Econ Res, Sch Econ, Shanghai, Peoples R China
基金
中国国家自然科学基金;
关键词
decentralization; input tariff; output tariff; state-owned enterprise; INTERMEDIATE INPUTS; COMPETITION; PRIVATIZATION; PRODUCTIVITY; DETERMINANTS; PERFORMANCE; INFORMATION; OWNERSHIP; ACCESSION; REFORM;
D O I
10.1111/ecin.13014
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the relationship between trade liberalization and the probability of state-owned enterprises (SOEs) being decentralized. We find that tariff cuts for inputs significantly lower the probability of a SOE being decentralized, whereas tariff cuts for outputs raise this probability. We also find that as the distance from a SOE to its overseeing government increases, the effects of input and output tariff cuts on the probability of SOEs decentralization become stronger. Our empirical results are consistent with a simple model in which local governments try to balance the costs of supervising SOEs against the profits extracted from SOEs.
引用
收藏
页码:224 / 246
页数:23
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