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An analysis of the comprehensive efficiency and its determinants of China's National Champions: Competition Neutrality vs. Ownership Neutrality

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  • Gao, Yuning
  • Cheng, Gengyun
  • Ma, Yingjun

Abstract

The existing literature lack of a comprehensive framework for measuring and comparing the efficiency of different types of enterprises. Distinguished from the traditional efficiency, this paper constructs the comprehensive efficiency from a multi-output productivity model including net profit and external enterprise social responsibility based on the Data Envelopment Analysis. This research measures the comprehensive efficiency of sample enterprises from 2003 to 2016. With regress method and robust test, the results show that the comprehensive efficiency of central SOEs is higher than its traditional efficiency and enterprise ownership has a significant and differentiated effect on the two different efficiency performance. In terms of industry heterogeneity, central SOEs in resource-intensive and labor-intensive industries have higher comprehensive efficiency.

Suggested Citation

  • Gao, Yuning & Cheng, Gengyun & Ma, Yingjun, 2021. "An analysis of the comprehensive efficiency and its determinants of China's National Champions: Competition Neutrality vs. Ownership Neutrality," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 320-329.
    • Handle: RePEc:eee:streco:v:59:y:2021:i:c:p:320-329
    DOI: 10.1016/j.strueco.2021.09.001
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    References listed on IDEAS

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    1. Jia, Zhijie & Wen, Shiyan & Lin, Boqiang, 2024. "Would behaviors of state-owned enterprises impact the performance of downstream industries in China?," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 1007-1035.

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