Profit sharing, bonus payment, and productivity: A case study of Chinese state-owned enterprises

被引：23
|
作者：
Yao, SJ
机构：
[1] University of Portsmouth
来源：
JOURNAL OF COMPARATIVE ECONOMICS | 1997年 / 24卷 / 03期
关键词：
D O I：
10.1006/jcec.1997.1435
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the impact of profit sharing and bonus payment on the performance of Chinese state industries in the 1980's. Employing the Kmenta approximation of a CES function and a nonlinear simultaneous system, it is found that over half of value-added growth could be explained by bonus incentives. Labor quality was another important factor affecting firm performance. Previous studies that do not consider labor quality may have produced biased results. The positive effect of bonus payment on production found by others is, however, confirmed. (C) 1997 Academic Press.
引用
收藏
页码：281 / 296
页数：16
相关论文
共 50 条
  • [1] Employee ownership and profit sharing as positive factors in the reform of Chinese state-owned enterprises
    Tseo, GKY
    Hou, GS
    Zhang, PZ
    Zhang, LH
    [J]. ECONOMIC AND INDUSTRIAL DEMOCRACY, 2004, 25 (01) : 147 - 177
  • [2] Labour Productivity in State-Owned Enterprises
    Afonso, Antonio
    Guedes, Maria Joao
    Patel, Pankaj C.
    [J]. COMPARATIVE ECONOMIC STUDIES, 2021, 63 (03) : 450 - 465
  • [3] Labour Productivity in State-Owned Enterprises
    António Afonso
    Maria João Guedes
    Pankaj C. Patel
    [J]. Comparative Economic Studies, 2021, 63 : 450 - 465
  • [4] Net Profit Distribution Policy in Companies Using State-owned Enterprises Against Payment
    Matuszewska-Pierzynka, Agnieszka
    [J]. OECONOMIA COPERNICANA, 2015, 6 (02) : 89 - 107
  • [5] Chinese State-Owned Enterprises: Are They Inefficient?
    Li, Shaomin
    Lin, Ying Chou
    Selover, David D.
    [J]. CHINESE ECONOMY, 2014, 47 (5-6) : 81 - 115
  • [6] Research on State-owned Manufacturing Enterprises' Productivity
    Ji, Rui
    Wang, Huaifang
    Jiang, Bailing
    [J]. 3RD INTERNATIONAL CONFERENCE ON APPLIED ENGINEERING, 2016, 51 : 901 - 906
  • [7] Productivity and efficiency of state-owned enterprises in China
    Feng-Cheng Fu
    Chu-Ping C. Vijverberg
    Yong-Sheng Chen
    [J]. Journal of Productivity Analysis, 2008, 29 : 249 - 259
  • [8] Productivity and efficiency of state-owned enterprises in China
    Fu, Feng-Cheng
    Vijverberg, Chu-Ping C.
    Chen, Yong-Sheng
    [J]. JOURNAL OF PRODUCTIVITY ANALYSIS, 2008, 29 (03) : 249 - 259
  • [9] Market socialism revisited: The case of Chinese state-owned enterprises
    Zhang, Le-Yin
    [J]. ISSUES & STUDIES, 2006, 42 (03): : 1 - 46
  • [10] An Empirical Study of the Cultural Statements of Chinese State-Owned Enterprises
    Li, Jie
    [J]. EDUCATION AND MANAGEMENT, 2011, 210 : 206 - 212
12345