Journal article
Property rights, productivity gains and economic growth: The Chinese experience
Post-Communist Economies, Vol.14(2), pp.245-258
2002
Abstract
This study finds that the Chinese experience cannot, as some have claimed, pose a challenge to the property rights theory. The unsatisfactory economic performance of the Chinese private sector in the 1980s is attributed to the discriminatory legal environment within which private property rights developed. Private property rights had to develop under the disguise of collectives. Once the political and legal environments improved in the 1990s, the private sector achieved significantly greater productivity gains and contributed more to economic growth than all other sectors. Accordingly, private property rights are crucial to economic performance; China is no exception.
Details
- Title
- Property rights, productivity gains and economic growth: The Chinese experience
- Authors/Creators
- V.I. Lo (Author/Creator)X. Tian (Author/Creator)
- Publication Details
- Post-Communist Economies, Vol.14(2), pp.245-258
- Publisher
- Taylor & Francis
- Identifiers
- 991005543659407891
- Murdoch Affiliation
- Murdoch University
- Language
- English
- Resource Type
- Journal article
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- Citation topics
- 6 Social Sciences
- 6.277 Asian Studies
- 6.277.722 China's Social Transformation
- Web Of Science research areas
- Economics
- ESI research areas
- Economics & Business