摘要
This paper paints out that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.Supposing SOEs can withdraw freely as non.SOEs do,their indices will not necessarily be lower than the non-SOEs.If we take into account the input of the current period,the efficiency of SOEs is actually higher than that of non-SOEs.The author concludes that the notion that"SOEs are inefficient"is ungrounded and instead that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.
This paper paints out that historical factors and 'high withdrawal barriers' are to blame for some low indices of SOEs.Supposing SOEs can withdraw freely as non.SOEs do,their indices will not necessarily be lower than the non-SOEs.If we take into account the input of the current period,the efficiency of SOEs is actually higher than that of non-SOEs.The author concludes that the notion that'SOEs are inefficient'is ungrounded and instead that historical factors and 'high withdrawal barriers' are to blame for some low indices of SOEs.