The Industry Reform and Efficiency Change in China:Methodology,Data,Literatures and Conclusions
JUN ZHANG SHAOHUA SHI SHIYI CHEN(Fudan Univeisity)
The change of Total Factor Productivity (TFP) is always attractive to e-conomists, and the industry reform of China offers a rich empirical data to observe the efficiencyresults of different ownerships and reform policies. What the economists agree is that the reformsfrom 1978 have entirely shifted the market structure and industry organization of China, and bringup a manufacturing section that is open to the world economy. And the new Non-SOEs haveachieved a much higher growth in the competition than the State Owned Enterprises. We considerthat the success of China's industry reform is not the retrieval of SOEs, but the grow up of mar-ket oriented Non-SOEs.