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Economics of China's Joint-Stock Co-Operatives

Author

Listed:
  • Laixiang Sun

Abstract

In the 1990s, a new ownership form called 'joint-stock co-operative' (gufen hezuozhi) became widely adopted in China's township and village enterprise sector. The promising dynamics and high adaptive ability of the new ownership form is in contradiction with the conclusions suggested by the existing literature on industrial co-operatives and other types of employee ownership.

Suggested Citation

  • Laixiang Sun, 2001. "Economics of China's Joint-Stock Co-Operatives," WIDER Working Paper Series DP2001-24, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-24
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