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Privatization's Impacts on State-Owned Enterprises: A Tale of Zombie versus Healthy Firms

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NBER2024-08-01 更新2025-01-04 收录
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We estimate the effects of privatization on zombie versus healthy state-owned enterprises (SOEs) in China, extending our analysis beyond TFP to a broad array of financial and economic indicators. Privatizing zombie SOEs enhances labor productivity and TFP, reduces bank and government subsidies,

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2024-08-01
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