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

by Chenggang Xu

Overview

Originally published in 1995 this volume examines and analyzes the factors that have made the township-village enterprise (TVE) such a driver of growth in the Chinese economy in recent years. The book analyzes the background of the TVE and discusses regional differences in TVE efficiency as well as examining the apparent contradiction of the success of the TVE despite the lack of well-defined property rights. Issues of rural-rural and rural-urban migration phenomena are discussed and the differences discussed between the Chinese economy and those of other developing nations.

Product Details

ISBN-13:	9781138314306
Publisher:	Taylor & Francis
Publication date:	07/26/2018
Series:	Studies on Industrial Productivity: Selected Works , #8
Pages:	186
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Multivolume collection by leading authors in the field

Table of Contents

1. Introduction 2. Productivity and Behavior of Chinese Rural Industrial Enterprises 3. Chinese Township-Village Enterprises as Vaguely Defined Cooperatives (with Martin L. Weitzman) 4. Risk-Aversion, Rural-Urban Wage Differentiation and Migration

Editorial Reviews

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. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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