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Change your identity and fit in: an empirical examination of ownership structure change, firm performance and local knowledge spillovers in China

SPATIAL ECONOMIC ANALYSIS, no. SP1 (2020): 24.0-42.0

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Abstract

This paper evaluates the effectiveness of China's reform of state-owned enterprises (SOEs) by exploring if reformed SOEs have genuinely changed their identity and fitted in. Using a firm-level data set, we show that reformed SOEs have learned more from non-SOEs about how to promote economic performance. Empirical results also confirm that...More

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Shengjun Zhu
Shengjun Zhu
Xuqian Hu
Xuqian Hu
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