Marshall Meyer
University of Pennsylvania
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February 22, 2019 - Article
Currently state-owned firms receive more subsidies and lower interest rates than formerly state-owned firms, which in turn are favored relative to always-private firms. China's two-decade push to privatize state-owned enterprises (SOEs) has created better-performing companies, but former SOEs still...
The majority of state-owned enterprises (SOEs) in China were privatized through ownership reforms over the last two decades. Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2013, we show that privatized SOEs continue to benefit from government support...
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