1 AIT Asian Institute of Technology

Public ownership and industrial performance in China : a system dynamics analysis

AuthorXu, Honggang
Call NumberAIT Thesis no. NR-95-02
Subject(s)Government business enterprises--China

NoteA thesis submitted in partial fulfillment of the requirement for the degree of Master of Science, School of Environment, Resources and Development
PublisherAsian Institute of Technology
Series StatementThesis ; no. NR-95-02
AbstractThe 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.
Year1995
Corresponding Series Added EntryAsian Institute of Technology. Thesis ; no. NR-95-02
TypeThesis
SchoolSchool of Environment, Resources, and Development (SERD)
DepartmentDepartment of Development and Sustainability (DDS)
Academic Program/FoSNatural Resources Management (NRM)
Chairperson(s)Saeed, Khalid;
Examination Committee(s)Tang, John C.S.;Giap, Van Dang;
Scholarship Donor(s)Chinese Government;
DegreeThesis (M.Sc.) - Asian Institute of Technology, 1995


Usage Metrics
View Detail0
Read PDF0
Download PDF0