Overview
- Traces the evolution of the relationship between Township and Village Enterprises (TVEs) and State-Owned Enterprises (SEOs)
- Demonstrates that the SOE institution has been integrated so centrally into China’s basic political and economic institutional framework that changes taking place in SOE institutions in the late twentieth century were bound to impact on TVEs
- Attributes part of TVEs’ outstanding economic performance to subsidies from the SOE sector, above all through the dual-track system
- Addresses the link between China’s economic environment and the economic performance of TVEs
Part of the book series: Palgrave Studies in Economic History (PEHS)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
- Contemporary Chinese economy
- Political Economics
- TVEs
- Economic Transition
- Economic duality
- Microeconomic theory
- Economic reform
- Organisational change
- Commune-Brigade Enterprises (CBEs)
- Decentralisation and liberalisation
- Pattern classification
- Property rights
- State-Owned Enterprises (SOEs)
- Dual-track System
- State Monopoly
- Gongxiaoyuan
- Economic environment
- Principle-agent model based approach
- Chinese Township and Village Enterprises
- Township and Village Enterprises
About this book
This book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition.
This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as
the relative decline of TVE productivity.
Authors and Affiliations
About the author
Cheng Jin is Associate Research Fellow in the Institute of Public Policy at the South China University of Technology, China. His research areas include imperial China’s land market, and China’s fiscal management from the seventeenth to the nineteenth century.
Bibliographic Information
Book Title: An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises
Authors: Cheng Jin
Series Title: Palgrave Studies in Economic History
DOI: https://doi.org/10.1007/978-3-319-59770-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-59769-0Published: 23 August 2017
Softcover ISBN: 978-3-319-86697-0Published: 03 August 2018
eBook ISBN: 978-3-319-59770-6Published: 11 August 2017
Series ISSN: 2662-6497
Series E-ISSN: 2662-6500
Edition Number: 1
Number of Pages: XIII, 217
Number of Illustrations: 1 b/w illustrations, 6 illustrations in colour
Topics: Economic History, International Political Economy, Enterprise Architecture, Asian Economics, Institutional/Evolutionary Economics, Economic Growth