Staff View: What Drives the Volatility of Firm Level Productivity in China?

What Drives the Volatility of Firm Level Productivity in China?

The enterprise reforms of the 1990s profoundly changed the structure of the economy in China. With the deepening of market economy, the share of the state-owned and collective enterprises declined. Expansion and contraction, as well as establishmen...

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Bibliographic Details
Main Authors:	Luo, Xubei, Zhu, Nong
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING AVERAGE GROWTH RATE AVERAGE PRODUCTIVITY BAND-PASS FILTER BUSINESS CYCLES BUSINESS ENVIRONMENT BUSINESS REGULATION CAPITAL RATIO CENTRAL PLANNING CHANGE IN VOLATILITY COMPARATIVE ADVANTAGE CORPORATIONS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DRIVERS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMIC REFORMS ECONOMIC TIME SERIES EMPLOYMENT OPPORTUNITIES ENTERPRISE REFORM ENTERPRISE REFORMS EXPANSION EXPORTS EXTERNAL FINANCE FINANCIAL CRISIS FINANCIAL SUPPORT FIRM SIZE FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN ENTERPRISES FOREIGN FIRMS GDP PER CAPITA GROWTH PERFORMANCE GROWTH RATE GROWTH RATE OF SALES GROWTH RATES HIGHER VOLATILITY INCOME INDIVIDUAL FIRM INDIVIDUAL FIRMS INDUSTRIAL ECONOMY INNOVATION INSURANCE INTANGIBLE INTANGIBLE ASSETS INTERNATIONAL BUSINESS JOINT OWNERSHIP LABOR FORCE LABOR MARKET LABOR MARKET FLEXIBILITY LABOR MARKETS LONG-TERM INVESTMENT MACROECONOMIC VOLATILITY MARKET ECONOMY MARKET INFORMATION MERGERS MOTIVATION NATIONAL INCOME NEW PRODUCT OPEN UNEMPLOYMENT OUTPUT OUTPUT GAP OUTPUT PER CAPITA OUTPUT VOLATILITY OVERALL VOLATILITY PENSION PENSION REFORMS PENSIONS PLANNED ECONOMIES PRIVATE CAPITAL PRIVATE ENTERPRISES PRIVATE INVESTMENT PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES RAPID DEVELOPMENT REAL GDP RESERVE BANK RETIREMENT REVIEW OF ECONOMICS SIZE OF FIRMS SMALL FIRMS SOCIAL PROTECTION STANDARD DEVIATION TOTAL OUTPUT TURNOVERS UNEMPLOYED UNEMPLOYMENT URBAN WORKERS VOLATILITY WAGE DIFFERENTIALS WAGE DISCRIMINATION WORLD TRADE WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2014/04/19447081/drives-volatility-firm-level-productivity-china-drives-volatility-firm-level-productivity-china http://hdl.handle.net/10986/18327

What Drives the Volatility of Firm Level Productivity in China?

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