Political economy of labor retrenchment: Evidence based on China's state-owned enterprises
(2006) In China Economic Review 17(3). p.281-299- Abstract
- This study examines the determinants behind the restructuring of China's SOEs in the late 1990s. We have reached two major findings. First, we find that the degree of labor retrenchment is negatively related to enterprise performance, suggesting that poor performance is a major force driving labor restructuring. Second, we offer evidence that decisions on labor retrenchment in traditional SOEs are related to the local government's fiscal position and to local reemployment conditions for laid-off workers. In contrast, labor decisions in corporatized SOEs are not related to these two variables. Our results suggest that corporatized SOEs with partial private ownership may enjoy higher autonomy in labor decisions. (c) 2006 Elsevier Inc. All... (More)
- This study examines the determinants behind the restructuring of China's SOEs in the late 1990s. We have reached two major findings. First, we find that the degree of labor retrenchment is negatively related to enterprise performance, suggesting that poor performance is a major force driving labor restructuring. Second, we offer evidence that decisions on labor retrenchment in traditional SOEs are related to the local government's fiscal position and to local reemployment conditions for laid-off workers. In contrast, labor decisions in corporatized SOEs are not related to these two variables. Our results suggest that corporatized SOEs with partial private ownership may enjoy higher autonomy in labor decisions. (c) 2006 Elsevier Inc. All rights reserved. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/686111
- author
- Hu, Yifan ; Opper, Sonja LU and Wong, Sonia M. L.
- organization
- publishing date
- 2006
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- labor restructuring, political control, state owned enterprises
- in
- China Economic Review
- volume
- 17
- issue
- 3
- pages
- 281 - 299
- publisher
- Elsevier
- external identifiers
-
- wos:000240487900005
- scopus:33747199569
- ISSN
- 1043-951X
- DOI
- 10.1016/j.chieco.2006.04.004
- language
- English
- LU publication?
- yes
- id
- 0d05fbb4-6776-4d37-818c-3e22284b299d (old id 686111)
- date added to LUP
- 2016-04-01 15:45:13
- date last changed
- 2022-01-28 06:54:53
@article{0d05fbb4-6776-4d37-818c-3e22284b299d, abstract = {{This study examines the determinants behind the restructuring of China's SOEs in the late 1990s. We have reached two major findings. First, we find that the degree of labor retrenchment is negatively related to enterprise performance, suggesting that poor performance is a major force driving labor restructuring. Second, we offer evidence that decisions on labor retrenchment in traditional SOEs are related to the local government's fiscal position and to local reemployment conditions for laid-off workers. In contrast, labor decisions in corporatized SOEs are not related to these two variables. Our results suggest that corporatized SOEs with partial private ownership may enjoy higher autonomy in labor decisions. (c) 2006 Elsevier Inc. All rights reserved.}}, author = {{Hu, Yifan and Opper, Sonja and Wong, Sonia M. L.}}, issn = {{1043-951X}}, keywords = {{labor restructuring; political control; state owned enterprises}}, language = {{eng}}, number = {{3}}, pages = {{281--299}}, publisher = {{Elsevier}}, series = {{China Economic Review}}, title = {{Political economy of labor retrenchment: Evidence based on China's state-owned enterprises}}, url = {{http://dx.doi.org/10.1016/j.chieco.2006.04.004}}, doi = {{10.1016/j.chieco.2006.04.004}}, volume = {{17}}, year = {{2006}}, }