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Public ownership and industrial performance in China : a system dynamics analysis | |
Author | Xu, Honggang |
Call Number | AIT Thesis no. NR-95-02 |
Subject(s) | Government business enterprises--China |
Note | A thesis submitted in partial fulfillment of the requirement for the degree of Master of Science, School of Environment, Resources and Development |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. NR-95-02 |
Abstract | The production of State Owned Enterprises (SOEs) became stagnant in the mid 1970s and lagged behind the growth of labor and capital. Through the identification of the objectives and behavior of major role players in the system, the factor allocation processes of the public ownership system is examined. The building of a system dynamics model has helped to determine that the rigidity of reallocation of worker resources caused the effective worker force to reduce. The total output began to decline. The study gives some insight of the undergoing reform of SOEs : why it is necessary to reform and the difficulties the reform is facing. Seven Policies have been tested to solve the problem of stagnation. These polices include: giving more depreciation fund to SOEs; adjusting the heavy industrial structure to light industrial structure; agricultural subsidies; foreign investment; giving more bonus to the worker; promoting worker's work effort through education and cut administrative expenditure. The most effective policy is continues agricultural subsidies. However, whether the industrial sectors has more social interest return is doubtful now. Therefore, changing resource allocation process is necessary to solve the problem. It means that to improve the validity of SOEs needs to change the SOEs structure not just some parameter adjustment. |
Year | 1995 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. NR-95-02 |
Type | Thesis |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Development and Sustainability (DDS) |
Academic Program/FoS | Natural Resources Management (NRM) |
Chairperson(s) | Saeed, Khalid; |
Examination Committee(s) | Tang, John C.S.;Giap, Van Dang; |
Scholarship Donor(s) | Chinese Government; |
Degree | Thesis (M.Sc.) - Asian Institute of Technology, 1995 |