The Comparison Analysis of Productive Efficiency between State-Owned and Non-State-Owned Industry Enterprises——Based on 2008 China Economic Census data
MU Jun-lin
School of Labor Economics, Capital University of Economics and Business, Beijing 100070, China
Abstract:
Based on 2008 China Economic Census data, this paper analyzes the difference of productive efficiency between stateowned (SOE) and non-state-owned (NSOE) enterprises. OLS estimation shows that the difference of productive efficiency between SOE and NSOE decreases from 100%~400% in 1995 to 17%~36% in 2008. Stochastic Frontier estimation shows that the difference of technology inefficiency between SOE and NSOE decreases from 22%~57% in 1995 to 9%~21%, and the difference of technology efficiency is between 2.1% and 6.3%. Hence, the productive efficiency of SOE has been improved remarkably. But the scale expansion and monopolization may mainly account for such a change. The productive efficiency of SOE is still 10% lower than that of NSOE in competition industry.
MU Jun-lin.The Comparison Analysis of Productive Efficiency between State-Owned and Non-State-Owned Industry Enterprises——Based on 2008 China Economic Census data[J] Economic Survey, 2012,V1(3): 55-59