Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity （TFP） growth of China＇s industry during economic transition and m...Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity （TFP） growth of China＇s industry during economic transition and market opening. We have arrived at these findings： market opening spurs entry and exit of large numbers of non-state-owned enterprises （non-SOEs） and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors ＇productivity.展开更多
Rural labor flowing in low marketization level restricts rural production elements of effective allocation, and restricts the development of rural economy, causes the gap between urban and rural areas to continue expa...Rural labor flowing in low marketization level restricts rural production elements of effective allocation, and restricts the development of rural economy, causes the gap between urban and rural areas to continue expanding. This article has analyzed the reasons of phenomenon, and raised some solutions from abolishing the barrier of the household register, improved rural labor＇ s cultural and skills quality, and built a social security system in rural areas improve the marketization level of rural labor flow.展开更多
文摘Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity （TFP） growth of China＇s industry during economic transition and market opening. We have arrived at these findings： market opening spurs entry and exit of large numbers of non-state-owned enterprises （non-SOEs） and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors ＇productivity.
文摘Rural labor flowing in low marketization level restricts rural production elements of effective allocation, and restricts the development of rural economy, causes the gap between urban and rural areas to continue expanding. This article has analyzed the reasons of phenomenon, and raised some solutions from abolishing the barrier of the household register, improved rural labor＇ s cultural and skills quality, and built a social security system in rural areas improve the marketization level of rural labor flow.
