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Profitability of China's industrial firms (1978–2006)

Author

Listed:
  • Feng Lu
  • Guoqing Song
  • Jie Tang
  • Hongyan Zhao
  • Liu Liu

Abstract

This paper measures nine indicators of profitability for the Chinese industrial firms during the period 1978–2006. In light of the results, it examines the issues such as the trend change of the Chinese profitability, difference of profitability between various categories of firms, impacts of inflation on the profitability calculated using the corporate accounting data, and comparison of profitability among China, Japan and US. Evidence found by the paper indicates the micro-economic underpinnings for the Chinese economic boom in recent years.

Suggested Citation

  • Feng Lu & Guoqing Song & Jie Tang & Hongyan Zhao & Liu Liu, 2008. "Profitability of China's industrial firms (1978–2006)," China Economic Journal, Taylor & Francis Journals, vol. 1(1), pages 1-31.
    • Handle: RePEc:taf:rcejxx:v:1:y:2008:i:1:p:1-31
    DOI: 10.1080/17538960701564833
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