IDEAS home Printed from https://ideas.repec.org/a/wly/jintdv/v11y1999i2p197-219.html
   My bibliography  Save this article

Small and medium enterprise theory: evidence for Chinese TVEs

Author

Listed:
  • Mario Biggeri

    (Department of Economics, University of Florence, Italy)

  • Danilo Gambelli

    (DIBIAGA, Faculty of Agriculture, University of Ancona, Italy)

  • Christine Phillips

    (Department of Economics, University of Reading, UK)

Abstract

The research analyses small and medium enterprises (SMEs), i.e. township and village enterprises (TVEs), operating in rural China over the last decade. It focuses on factors that affect the growth of TVEs run by Township and Village (TV), defined as collective, at provincial level. The paper examines SME theory and the role of human capital in the SMEs development. Following this, it analyses the development of Chinese TVEs and their role in the socio-economic development of rural areas and of the national economy. A panel analysis is then performed, using provincial panel data of collective TVEs over the period 1986-93, in order to capture the major determinants of provincial growth. The results of the panel estimations highlight some important features of TVEs run by TV sector, and provide empirical evidence in support to the positive role of clustering (measured through a new index) and human capital in the provincial growth of this sector. Copyright © 1999 John Wiley & Sons, Ltd.

Suggested Citation

  • Mario Biggeri & Danilo Gambelli & Christine Phillips, 1999. "Small and medium enterprise theory: evidence for Chinese TVEs," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(2), pages 197-219.
    • Handle: RePEc:wly:jintdv:v:11:y:1999:i:2:p:197-219
    DOI: 10.1002/(SICI)1099-1328(199903/04)11:2<197::AID-JID553>3.0.CO;2-U
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Jere R. Behrman, 1996. "Human capital formation, returns and policies: Analytical approaches and research questions," Journal of International Development, John Wiley & Sons, Ltd., vol. 8(3), pages 341-373.
    3. Hausman, Jerry A & Taylor, William E, 1981. "Panel Data and Unobservable Individual Effects," Econometrica, Econometric Society, vol. 49(6), pages 1377-1398, November.
    4. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    5. Fuss, Melvyn & McFadden, Daniel & Mundlak, Yair, 1978. "A Survey of Functional Forms in the Economic Analysis of Production," Histoy of Economic Thought Chapters, in: Fuss, Melvyn & McFadden, Daniel (ed.),Production Economics: A Dual Approach to Theory and Applications, volume 1, chapter 4, McMaster University Archive for the History of Economic Thought.
    6. Martin L. Weitzman & Chenggang Xu, 1997. "Chinese Township-Village Enterprises as Vaguely Defined Cooperatives," International Economic Association Series, in: John E. Roemer (ed.), Property Relations, Incentives and Welfare, chapter 12, pages 326-355, Palgrave Macmillan.
    7. Shahid Yusuf, 1994. "China's Macroeconomic Performance and Management during Transition," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 71-92, Spring.
    8. Murakami Naoki & Liu Deqiang & Otsuka Keijiro, 1994. "Technical and Allocative Efficiency among Socialist Enterprises: The Case of the Garment Industry in China," Journal of Comparative Economics, Elsevier, vol. 19(3), pages 410-433, December.
    9. Patricia Jones & Abigail Barr, 1996. "Learning by doing in sub-Saharan Africa: Evidence from Ghana," Journal of International Development, John Wiley & Sons, Ltd., vol. 8(3), pages 445-466.
    10. Chang Chun & Wang Yijiang, 1994. "The Nature of the Township-Village Enterprise," Journal of Comparative Economics, Elsevier, vol. 19(3), pages 434-452, December.
    11. Ejaz Ghani, 1992. "How Significant are Externalities for Development?," Palgrave Macmillan Books, in: North-South and South-South, chapter 6, pages 118-161, Palgrave Macmillan.
    12. Islam, Rizwanul & Hehui, Jin, 1994. "Rural industrialization: An engine of prosperity in postreform rural China," World Development, Elsevier, vol. 22(11), pages 1643-1662, November.
    13. K. J. Arrow, 1971. "The Economic Implications of Learning by Doing," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 11, pages 131-149, Palgrave Macmillan.
    14. Gary H. Jefferson & Thomas G. Rawski, 1994. "Enterprise Reform in Chinese Industry," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 47-70, Spring.
    15. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    16. Naughton, Barry, 1994. "Chinese Institutional Innovation and Privatization from Below," American Economic Review, American Economic Association, vol. 84(2), pages 266-270, May.
    17. Rawski, Thomas G, 1994. "Chinese Industrial Reform: Accomplishments, Prospects, and Implications," American Economic Review, American Economic Association, vol. 84(2), pages 271-275, May.
    18. Dwight H. Perkins, 1994. "Completing China's Move to the Market," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 23-46, Spring.
    19. Sachs, J.D. & Woo, W.T., 1994. "Structural Factors in the Economic Reforms of China, Eastern Europe and the Former Soviet Union," Papers 94-01, California Davis - Institute of Governmental Affairs.
    20. Alessandro Pio, 1994. "New Growth Theory and Old Development Problems: How Recent Developments in Endogenous Growth Theory Apply to Developing Countries," Development Policy Review, Overseas Development Institute, vol. 12(3), pages 277-300, September.
    21. Heady, Christopher, 1998. "Local Government Finance and Industrial Policy in China," Economic Change and Restructuring, Springer, vol. 31(2-3), pages 195-212.
    22. Riskin, Carl, 1994. "Chinese Rural Poverty: Marginalized or Dispersed?," American Economic Review, American Economic Association, vol. 84(2), pages 281-284, May.
    23. Rozelle Scott, 1994. "Rural Industrialization and Increasing Inequality: Emerging Patterns in China's Reforming Economy," Journal of Comparative Economics, Elsevier, vol. 19(3), pages 362-391, December.
    24. Alexandre Rands Barros, 1993. "Some implications of new growth theory for economic development," Journal of International Development, John Wiley & Sons, Ltd., vol. 5(5), pages 531-558, September.
    25. Lin, Justin Yifu, 1992. "Rural Reforms and Agricultural Growth in China," American Economic Review, American Economic Association, vol. 82(1), pages 34-51, March.
    26. Yao, S. & Liu, J., 1995. "Uneven Development of Non-Farm Entreprises and Regional Income Inequality in Rural China," Papers 50, Portsmouth University - Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kui-Wai Li, 2018. "Analyzing The Tfp Performance Of Chinese Industrial Enterprises," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(05), pages 1263-1284, December.
    2. Duczmal, Luiz & Assuncao, Renato, 2004. "A simulated annealing strategy for the detection of arbitrarily shaped spatial clusters," Computational Statistics & Data Analysis, Elsevier, vol. 45(2), pages 269-286, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jeffrey D. Sachs & Wing Thye Woo, "undated". "Understanding China'S Economic Performance," Department of Economics 97-04, California Davis - Department of Economics.
    2. Mario Biggeri, 2003. "Key Factors of Recent Chinese Provincial Economic Growth," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 1(2), pages 159-183.
    3. Wang, Yijiang & Chang, Chun, 1998. "Economic transition under a semifederalist government: The experience of China," China Economic Review, Elsevier, vol. 9(1), pages 1-23.
    4. C. Goodhart & C. Xu, 1996. "The Rise of China as an Economic Power," National Institute Economic Review, National Institute of Economic and Social Research, vol. 155(1), pages 56-80, February.
    5. Goodhart, C. A. E. & Xu, Chenggang, 1996. "The rise of China as an economic power," LSE Research Online Documents on Economics 3753, London School of Economics and Political Science, LSE Library.
    6. Yingyi Qian, 1999. "The Institutional Foundations of China's Market Transition," Working Papers 99011, Stanford University, Department of Economics.
    7. Harvie, C., 1999. "China's Township and Village Enterprises and their Evolving Business Alliances and Organizational Change," Economics Working Papers wp99-6, School of Economics, University of Wollongong, NSW, Australia.
    8. Maria Dacosta & Wayne Carroll, 2001. "Township and Village Enterprises, Openness and Regional Economic Growth in China," Post-Communist Economies, Taylor & Francis Journals, vol. 13(2), pages 229-241.
    9. Glawe, Linda & Wagner, Helmut, 2017. "A stylized model of China’s growth since 1978," CEAMeS Discussion Paper Series 5/2017, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS), revised 2017.
    10. Johannes W. Fedderke & John M. Luiz, 2005. "Does Human Generate Social and Institutional Capital? Exploring Evidence From Time Series Data in a Middle Income Country," Working Papers 029, Economic Research Southern Africa.
    11. V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 1996. "The Poverty of Nations: A Quantitative Exploration," NBER Working Papers 5414, National Bureau of Economic Research, Inc.
    12. ?gel de la Fuente, "undated". "Convergence Across Countries And Regions: Theory And Empirics," UFAE and IAE Working Papers 447.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    13. Zhang, Xiaobei & Wang, Xiaojun, 2021. "Measures of human capital and the mechanics of economic growth," China Economic Review, Elsevier, vol. 68(C).
    14. Antonio Paradiso & Saten Kumar & B. Bhaskara Rao, 2013. "The growth effects of education in Australia," Applied Economics, Taylor & Francis Journals, vol. 45(27), pages 3843-3852, September.
    15. repec:ebl:ecbull:v:2:y:2002:i:1:p:1-15 is not listed on IDEAS
    16. Mr. Abdoul A Wane, 2004. "Growth and Convergence in WAEMU Countries," IMF Working Papers 2004/198, International Monetary Fund.
    17. Gene M. Grossman & Elhanan Helpman, 1994. "Endogenous Innovation in the Theory of Growth," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 23-44, Winter.
    18. Sylwia Zajączkowska-Jakimiak, 2006. "Wiedza techniczna i kapitał ludzki w teorii wzrostu gospodarczego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 47-69.
    19. Diego Romero-Ávila, 2013. "Is Physical Investment The Key To China'S Growth Miracle?," Economic Inquiry, Western Economic Association International, vol. 51(4), pages 1948-1971, October.
    20. Michael Peneder & Karl Aiginger & Gernot Hutschenreiter & Markus Marterbauer, 2001. "Structural Change and Economic Growth," WIFO Studies, WIFO, number 20668, March.
    21. Ikhenaode, Bright Isaac & Parello, Carmelo Pierpaolo, 2022. "Migration, technology diffusion and convergence in a two-country AK Growth Model," MPRA Paper 115340, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:jintdv:v:11:y:1999:i:2:p:197-219. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/journal/5102/home .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.