Title:The Births of New Private-owned Enterprises in an Environment of
State-owned Enterprises: Evidence from Agglomeration Economics
Speaker: Liang Zheng
Abstract:This paper
analyzes the impact of the incumbent State-owned enterprise (SOEs) on the
births of new private-owned enterprises (POEs) in China. We apply agglomeration
theories to distinguish the linkages between SOEs and POEs. Using 2008 economic
census, 2007 Input-Output Table and 2005 population census, we mea-sure the
formation of the new POEs at city-industry level, agglomeration forces of
distance proximity to inputs, outputs, and labor, i.e. we measure the extent to
which local SOEs provide relevant inputs, consume outputs, require similar inputs,
produce similar outputs, and employ similar labor. Our findings indicate that overall
the incumbent SOEs hinder the formations of new POEs. For manufacturing, the
entry of new POEs is significantly lower in the places where more SOEs that
employ similar labor are concentrated. For services, the entry of new POEs is
significantly lower in the places where more upstream SOEs, downstream SOEs, and
SOEs that employ similar labor are concentrated. However, the agglomerationeffects from the incumbent POEs are significantly
positive.
AboutLiang Zheng: Assistant Professor, School of Management
Science and Engineering, CUFE
Date:Dec. 2nd, 2015
Time:13:30-14:50 PM
Location:Room 608, Academic Hall, CUFE
