Trade liberalization and decentralization of state‐owned enterprises: Evidence from China.
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. W...
| Published in: | Economic Inquiry Vol. 60; no. 1; pp. 224 - 247 |
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| Main Authors: | , , , |
| Format: | Article |
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Wiley-Blackwell
Jan2022
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=154222451&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 154222451 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jan2022 vid: 60 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 154222451 10.1111/ecin.13014 ppf: 224 ppct: 23 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 1.1MB tig: atl: Trade liberalization and decentralization of state‐owned enterprises: Evidence from China. aug: au: Fan, Haichao Hu, Cui Lin, Faqin Wang, Huanhuan affil: Institute of World Economy, School of Economics, Fudan University, Shanghai, China School of International Trade and Economics, Central University of Finance and Economics, Beijing, China College of Economics and Management, China Agricultural University, Beijing, China School of Law, East China Normal University, Shanghai, China Center for China Economic Research, School of Economics, East China Normal University, Shanghai, China su: China Government business enterprises Tariff Local government Free trade sug: subj: Government business enterprises Tariff Local government China Other federal government public administration Free trade keyword: decentralization input tariff output tariff state‐owned enterprise decentralization input tariff output tariff state‐owned enterprise ab: 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. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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