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马斯格雷夫论坛·读书会 第1期

2017-03-06 08:02:51

演讲者 张子楠 丁建福 地点 1-302
讲座时间 2017 年 3 月 9 日 16:00 — 17:30

题目:Hayek, Local Information, and Commanding Heights: Decentralizing    State-Owned Enterprises in China

作者:Zhangkai Huang,Lixing Li,Guangrong Ma,Lixin Colin Xu

 

报告人:  张子楠 博士  丁建福 副教授

时间:2017 年 3 月 9 日 16:00 — 17:30

地点:浙江财经大学财税学院 1 号楼 302 室

主办单位:太阳集团www0638

 

内容摘要:Hayek (1945) argues that local information is a key to understanding the efficiency of alternative economic systems and whether production should be centralized or decentralized. The Chinese experience of decentralizing SOEs confirms this insight: when the distance to the government is farther, the SOE is more likely to be decentralized, and this distance-decentralization link is more pronounced with higher communication costs and greater firm-performance heterogeneity. However, when the Chinese central government oversees SOEs in strategic industries, the distance-decentralization link is muted. We also consider alternative agency-cost-based explanations, and do not find much support.

 

 

  

 

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