Abstract
This paper shows that the domestic and foreign trade liberalization of the Chinese economy since the late 1970s has led to much dynamism among small and medium firms. Such firms have grown at a rapid pace and have increased their share of value added in the Chinese economy. At the same time, they have recorded gains in total factor productivity. However, after two decades of decontrol, the potential for further growth among small and medium industries is limited unless further liberalization is undertaken and government policies pertaining to the allocation of credit, levy of taxes, and grants of research and other subsidies are applied in a more even-handed fashion.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Bao, Z., 1992, ‘Factors Contributing to the Growth of Jiangsu’s TVEs in the 1980s’, Jiangsu Jingji Tansuo (Research on Jiangsu Economy) 3, 3–6. [In Chinese.]
Cao, H. and J. Zhao, 1998, ‘World Bank Financed Star Projects’, Zhongguo Keji Luntan (The China Forum of Sciences and Technologies) 3, 23–26. [In Chinese.]
Chang, C. and Y. Wang, 1997, ‘The Nature of the Township-Village Enterprises’, in W. Hai (ed.), Chinese Township Village Enterprises: Nature, Experience, and Reforms, Beijing: United Press.
China Industrial Statistical Yearbook, 1991, 1992, Beijing: China Statistical Press.
China Industrial Statistical Yearbook, 1997, Beijing: China Statistical Press.
Fan, X., 1997, ‘A Survey of Technical Innovations at the Firm Level’, Qiye Guanli (Firm Management) 3, 22–24. [In Chinese.]
Fu, J., and X. Deng, 1994, ‘An Analysis of TVEs’ Adoption of Technologies’, Qiye Jishu Jinbu (Enterprise Technical Advances) 11, 21–23. [In Chinese.]
Guo, J., 1997, An Analysis of Enterprises Technological Innovation in China, Beijing: Tsinghua University Press. [In Chinese.]
Guo, K., 1998, A Study of the Quality of Growth, Beijing: Jingji Guanli Press. [In Chinese.]
He, B., J. Gu and Y. Yan, 1996, Technological Transfer and Technical Advancement in China, Beijing: Jingji Guanli Press.
Hong, Y. and G. Yuan, 1997, ‘A Property Rights Explanation to the Efficiency of the TVEs’, Guanli Shijie (Management World) 4, 98–106. [In Chinese.]
Industrial Census Office of State Council and Institute of Economic of State Planning Commission, 1990, The Current Status of Chinese Industries, Beijing: Renmin Publishing House. [In Chinese.]
Jefferson, G., T. Rawski and Y. Zheng, 1990, ‘Comparison of the Productivity Growth Between State and Collective Firms in China’, Shuliang Jingji Jishu Jingji Yanjiu (Study of Quantitative and Technical Economics) 8, 22–31. [In Chinese.]
Jefferson, G., T. Rawski and Y. Zheng, 1992, ‘Growth, Efficiency, and Convergence in China’s State and Collective Industry’, Economic Development and Cultural Change 40(2), 239–266.
Jefferson, G., T. Rawski and Y. Zheng, 1993, ‘Comparison of Technical Innovations Among Different Types of Firms’, Shuliang Jingji Jishu Jingji Yanjiu (Study of Quantitative and Technical Economics) 9(4), 35–47. [In Chinese.]
Jia, W., C. Ma and S. Tang, 1994, Technical Innovations, Beijing: Zhongguo Jingji Press.
Jin, H. and Y. Qian, 1998, ‘Public vs. Private Ownership of Firms: Evidence from Rural China’, Quarterly Journal of Economics 113(3), 773–808.
Li, J., Y. Zheng and F. Gong, 1993, Trends of the Chinese Productivity, Beijing: Shehui Kexue Wenxian Press. [In Chinese.]
Lin, J. Y. and Y. Yao, 1998, ‘China’s Rural Industrialization in the Context of Rethinking the East Asian Miracle’, CCER, Working Paper Series. Beijing University.
Lin, J. Y., F. Cai and Z. Li, 1994, The China Miracle: Development Strategy and Economic Reform, Shanghai: Sanlian Press. [In Chinese.]
Lu, C, L. Liu and W. Zhang, 1993, ‘The Statistical Problems in the Study of China’s Industrial Productivity’, in J. Li, Y. Zheng and F. Gong (eds.), Trends of the Chinese Productivity, Beijing: Shehui Kexue Wenxian Press. [In Chinese.]
Schaeffner, J., 1996, ‘Premiums to Employment in Larger Establishments: Evidence from Peru’, Mimeo, Department of Economics, Stanford University, Palo Alto, CA.
Shen, K., 1996, ‘An Empirical Study of the TVE Growth in Jiangsu’, Zhongguo Gongye Jingji (Chinese Industrial Economy) 2, 5–8. [In Chinese.]
Shi, Q. and B. Qin, 1987, ‘TP-DEA Model for Estimating Technical Progress’, Jishu Jingji Yanjiu (Study of Technology and Economics) 2, 1–14. [In Chinese.]
Shi, Q., B. Qin and J. Chen, 1985, Technological Progress and Economic Growth, Beijing: Kexue Jishu Wenxian Press.
State Bureau of Statistics, 1996, Abstracts of the Third National Industrial Census, Beijing: China Statistics Press.
Tidrick, G., 1986, ‘Productivity Growth and Technological Change in Chinese Industry’, Staff Working Paper 761. World Bank, Washington, DC.
United Nations, 1992, World Investment Report: 1992, Beijing: The Chinese University of Foreign Trade Press.
Wang, Y., 1997, ‘FDI and Industrial Development in China’, Working Paper Series 1997013. China Center for Economic Research, Beijing University.
Wang, Y., 1998, ‘New Issues in the Development of Small Enterprises’, Zhongguo Zhongxiao Qiye (Chinese Small and Medium Firms) 9, 12–13. [In Chinese.]
Wang, X. and L. Shi, 1997, ‘Improving China’s Environment for Technological Imports: Views from Foreign Companies’, Shuliang Jingji Jishu Jingji Yanjiu (Study of Quantitative and Technical Economics) 14(10), 83–87. [In Chinese.]
Weitzman, M. and C. Xu, 1997, ‘Chinese Township-Village Enterprises as Vaguely Defined Cooperatives’, in W. Hai (ed.), Chinese Township Village Enterprises: Nature, Experience, and Reforms, Beijing: United Press.
World Bank, 1997, China 2020: Development Challenges in the New Century, Washington, DC: World Bank.
Wu, Yanrui, 1992, ‘Productivity Performance of Chinese Rural Enterprises: A Comparative Study’, Working paper series. Chinese Economic Research Unit, The University of Adelaide, Adelaide, Australia.
Yan Y. and S. Zhang, 1995, Technical Advancement of Chinese TVEs, Beijing: Nongye Keji Press.
Yao, Y., 1998, ‘Non-State Factors and the Technical Efficiency in China’s Industrial Sector’, Jingji Yanjiu (Economic Research) 12, 29–35 [In Chinese.]
Yin, X., 1997, ‘An Analysis of the Trend of China’s Industrial Scale Structure’, Guanli Shijie (Management World) 3, 136–146. [In Chinese.]
Zhang, X., 1993, ‘A Study on China’s Industrial Productivity’, Shuliang Jingji Jishu Jingji Yanjiu (Study of Quantitative and Technical Economics) 10, 36–41. [In Chinese.]
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Wang, Y., Yao, Y. (2002). Market Reforms, Technological Capabilities and the Performance of Small Enterprises in China. In: Iqbal, F., Urata, S. (eds) Small Firm Dynamism in East Asia. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-0963-9_11
Download citation
DOI: https://doi.org/10.1007/978-1-4615-0963-9_11
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-5326-3
Online ISBN: 978-1-4615-0963-9
eBook Packages: Springer Book Archive