A theory of ambiguous property rights in transition economies: the case of the Chinese non-state sector

Article Abstract:

A theory is developed on ambiguous property rights in which property owners have to contest the actual control right in all situations. The highly successful non-state sector of China is a prime example of ambiguous property rights, which arise because of a market environment that is imperfect. It was suggested that in China's undeveloped market environment, ambiguous property rights are more efficient than clearly defined private property rights.

author: Li, David D.
Analysis, Markets (Economics)

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Property rights and the nature of Chinese collective enterprise

Article Abstract:

Research is presented describing the development of an optimal ownership arrangement model for analysing the affects of privatization in Chinese collective enterprises undergoing transitional economic change.

author: Guoqiang Tian
Economic research

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The impact of credit control and interest rate regulation on the transforming Chinese economy: an analysis of long-run effects

Article Abstract:

Research is presented describing the development of a financial model to measure the influence on economic performance of interest rate changes and credit control by the Chinese government.

author: Fung, Michael Ka-Yiu, Ho, Wai-Ming, Zhu, Lijing
Financial analysis

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subjects list: China, Economic aspects, Right of property, Property rights, Research, Comparative economics
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