The enterprise reforms of the 1990s profoundly changed the structure of the economy in China. With the deepening of market economy, the share of the state-owned and collective enterprises declined. Expansion and contraction, as well as establishment and closure, of firms became a common phenomenon. The level and volatility of firm productivity have become increasingly important aspects of the micro performance of the economy. This paper uses a firm-level...
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INFORMACIÓN
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2014/04/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS6846
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1
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1
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2014/04/01
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Disclosed
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What drives the volatility of firm level productivity in China ?
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annual growth rate of productivity