WebGrasp the Large, Let Go of the Small: The Transformation of the State Sector in China 来自 EconPapers 喜欢 0 阅读量: 183 作者: Hsieh Chang-Tai , Song Zheng (Michael) 摘要: Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Most small state owned firms were privatized or … Web76 views, 3 likes, 2 loves, 0 comments, 1 shares, Facebook Watch Videos from Calvary Chapel Greeley: Calvary Chapel Greeley was live.
Chang-Tai Hsieh, University of Chicago, Booth School of
Webconsolidated by “Grasp the Large, Let Go of the Small” started in the mid-1990s. Local government budgets were tightened by the 1994 tax sharing reform and the 1995 Budget Law. A set of new rules and regulations were introduced to make commercial banks more independent after the 1997 Asian financial crisis. thepinklotusschoolofwaxing
Size-dependent financial frictions, capital misallocation, and ...
WebOct 1, 2024 · We study the reform of China’s state-owned enterprises (SOE) with a focus on the corporatization of SOEs. We first document the empirical patterns of the “grasp the large and let go of the small” policy. To quantify the implications of the reform for aggregate output and TFP, we build a three-sector firm dynamics model featuring … Web"Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 295-366. Jan De Loecker, 2013. WebGrasp the Large, Let Go of the Small: The Transformation of the State Sector in China My bibliography Save this article Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China Author & abstract Download 4 References 156 Citations Most related Related works & more Corrections Author Listed: Chang-Tai Hsieh side effects after general anaesthetic