State Capitalism vs. Private Enterprise
收藏NBER2015-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20930
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资源简介：
We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using highly granular data on within-group capital transfers, we document stark differences: while private groups allocate more capital to units with better investment opportunities,
提供机构：
美国国家经济研究局
创建时间：
2015-02-01
