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Open AccessDissertation10.32657/10356/36154

Anticommons approach to China's reform of state-owned enterprises

Yu Lei-2007-01-01
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TL;DRAbstract

Institutional innovation of state-owned enterprises (SOEs) has been the focus of Chinese economic reform. Although various theories have been formulated, there has been no unanimous conclusion for the main cause of SOEs' performance and institutional arrangement. We apply an anticommons approach in this paper to explain the observed pattern of institutional reform for SOEs in China and its economic implications.

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Institutional innovation of state-owned enterprises (SOEs) has been the focus of Chinese economic reform. Although various theories have been formulated, there has been no unanimous conclusion for the main cause of SOEs' performance and institutional arrangement. We apply an anticommons approach in this paper to explain the observed pattern of institutional reform for SOEs in China and its economic implications.

Keywords

Tragedy of the commonsCommonsChinaExternalityProperty rightsEconomic systemState (computer science)Business

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