Ownership, autonomy, incentives and efficiency: Evidence from the forest product processing industry in China

Using enterprise-level data from China's Northeast-Inner Mongolia state-owned forest area for the year 2004, this papaer investigates the technical efficiency of forest product processing mills and the relatinship between institutionsl and managerial practices and efficiency. A two-stage procedure proposed by Simar and Wilson (2007) is adopted. In the first stage, a bootstrapped data envelopment analysis (DEA) model is used to compute the efficiency scores. In the second stage, the bootsrapped DEA scores are estimated over a set of mills'institutional and managerial systems and other characteristics with a boostrapped truncated regression. The results show that there is a wide dispersion in the technical efficiency among mills. Private ownership, autonomy and mill size have statistically significant positive impacts on efficiency. These results provide support for the ongoing reform and implications for future development of this area.

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Informasi Detil

Judul Seri

Journal of Forest Economics

No. Panggil

//

Penerbit

: ., 2012

Deskripsi Fisik

17 halaman

Bahasa

English

ISBN/ISSN

1104-6899

Klasifikasi

//

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subyek

-

Info Detil Spesifik

Perpustakaan RI ARDIKOESOEMA

Pernyataan Tanggungjawab

-

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