Labor restructuring in China: Toward a functioning labor market

Journal of Comparative Economics

Volumn 37, Issue 2, 2009, Pages 287-305

  Dong, Xiao yuan ^a   Xu, Lixin Colin ^b  

^a UNIVERSITY OF WINNIPEG   (Canada)

^b WORLD BANK   (United States)

Author keywords

China; Public sector downsizing; Restructuring; Timing and sequencing

Indexed keywords

EID: 67349177506     PISSN: 01475967     EISSN: 10957227     Source Type: Journal    
DOI: 10.1016/j.jce.2009.01.002     Document Type: Article

References (46)

1. Aghion, P., Blanchard, O., 1994. On the speed of transition in Central Europe. National Bureau for Economic Research Macroeconomics Annual, pp. 283-319
2. Appleton S., Knight J., Song L., and Xia Q. Labor retrenchment in China: determinants and consequences. China Economic Review 13 (2002) 252-275
3. Baldwin J., Dunne T., and Haltiwanger J. A comparison of job creation and job destruction in Canada and the United State. Review of Economics and Statistics LXXX 3 (1998) 347-356
4. Baumol W.J., Blinder A.S., and Wolf E.N. Downsizing in America: Reality, Causes, and Consequences (2003), Russell Sage Foundation, New York
5. Bilsen V., and Konings J. Job creation, job destruction, and growth of newly established, privatized, and state-owned enterprises in transition economies: Survey evidence from Bulgaria, Hungary, and Romania. Journal of Comparative Economics 26 3 (1998) 429-445
6. Boone J. Technological progress, downsizing and unemployment. Economic Journal 110 (2000) 581-600
7. Broadman H.G., and Recanatini F. Is Russia restructuring?. Corporate Ownership & Control 1 1 (2003) 50-71
8. Brown J.D., and Earle J.S. Gross job flows in Russian industry before and after reforms: Has destruction become more creative?. Journal of Comparative Economics 30 1 (2002) 96-133
9. Cappelli, Peter, 2000. Examining the incidence of downsizing and its effect on establishment performance. NBER Working Paper 7742
10. China's National Bureau of Statistics (NBS). China Statistical Yearbook, 2005 (2005), China Statistics Press, Beijing
11. Cull R., and Xu L.C. Institutions, ownership, and finance: The determination of profit reinvestment among Chinese firms. Journal of Financial Economics 77 (2005) 117-146
12. Davis S., and Haltiwanger J. Gross job creation, gross job destruction, and employment reallocation. Quarterly Journal of Economics 107 3 (1992) 819-863
13. Davis S., and Haltiwanger J. Gross job flow. In: Ashenfelter O., and Card D. (Eds). Handbook of Labor Economics vol. 3 (1999), Elsevier 2711-2805
14. Dong, Xiao-yuan, 2003. China's urban labor adjustment: A literature review. Working paper, East Asia Human Development Sector Unit, World Bank
15. Dong X.-y., and Bowles P. Segmentation and discrimination in China's emerging industrial labor markets. Chinese Economic Review 13 2-3 (2002) 170-196
16. Dong X.-y., and Putterman L. Soft budget constraint, social burdens, and labor redundancy in China's state industry. Journal Comparative Economics 31 1 (2003) 110-133
17. Dong X.-y., and Xu L.C. The impact of China's millennium labor restructuring program on firm performance and employee earnings. Economics of Transition 16 2 (2008) 223-245
18. Dunne T., Roberts M.J., and Samuelson L. The growth and failure of US manufacturing plans. Quarterly Journal of Economics 104 4 (1989) 671-698
19. Espahbodi R., John T.A., and Vasudevan G. The effects of downsizing on operating performance. Review of Quantitative Finance and Accounting 15 (2000) 107-120
20. Faggio, Giulia, Konings, Jozef, 1999. Gross job flows and firm growth in transition countries: Evidence using firm level data on five countries. CEPR Discussion Paper, No. 2261
21. Fretwell, David H., 2002. Mitigating the social impact of privatization and enterprise restructuring. World Bank, Working Paper, January 25
22. Giles J., Park A., and Cai F. How has economic restructuring affected China's urban workers?. China Quarterly 185 (2006) March
23. Groves T., Hong Y., McMillian J., and Naughton B. China's evolving managerial labor market. Journal of Political Economy 103 4 (1995) 873-892
24. Haltiwanger J., and Singh M. Cross-country evidence on public sector retrenchment. The World Bank Economic Review 13 1 (1999) 23-66
25. Haltiwanger J., and Vodopivec M. Gross worker and job flows in a transition economy: An analysis of Estonia. Labour Economics 9 5 (2002) 601-630
26. Haltiwanger J., Lehmann H., and Terrell K. Symposium on job creation and job destruction in transition countries. Economics of Transition 11 2 (2003) 205-219
27. Hsieh, Chang-Tai, Klenow, Peter J., 2006. Misallocation and manufacturing TFP in China and India. Presented at the Stanford Center for International Development 2006 Pan Asia Conference, Stanford, California, June 1-3
28. Hussain, Athar, Zhuang, Juzhong, 1994. Impact of reforms on wage and employment determination in Chinese state enterprises, 1986-1991. Working paper EF No. 12, STICERD, London School of Economics
29. Jackman R. Economic policy and employment in the transition economics of Central and Eastern Europe: What have we learned?. International Labor Review 133 3 (1994) 327-345
30. Jurajda, Stepan, Terrell, Katherine, 2002. What drives the speed of transition during episodes of massive reallocation? IZA Discussion Paper No. 601
31. Kikeri, Sunita, 1999. Privatization and labor: What happens to workers when governments divest? World Bank Technical Paper 396, Washington, DC
32. Konings J., and Lehmann H. Marshall and labor demand in Russia: Going back to basics. Journal of Comparative Economics 30 1 (2002) 134-159
33. Konings J., and Walsh P.P. Disorganization in the process of transition firm-level evidence from Ukraine. Economics of Transition 7 (2003) 29-46
34. Lau L., Qian Y., and Roland G. Pareto-improving economic reforms through dual-track liberalization. Journal of Political Economy 108 1 (2000) 120-143
35. Lee H.Y. Xiagang, the Chinese style of laying off workers. Asian Survey 40 6 (2000) 914-937
36. Lee Y. Wage and employment in China's SOEs, 1980-1994: Corporatisation, market development in China and insider forces. Journal of Comparative Economics 27 (1999) 702-729
37. Lin, Justin Yifu, forthcoming. Economic Development and Transition: Thought, Strategy and Viability. Marshall Lecture. Cambridge University Press, Cambridge, England
38. Lipton D., and Sachs J. Privatization in Eastern Europe: The case of Poland. Brookings Papers on Economic Activity 2 (1990) 293-333
39. Lopez-de-Silanes, Chong, Florencio, Alberto, 2002. Privatization and labor force restructuring around the world. World Bank Working Paper 2884
40. Mengistae T., and Xu L.C. Agency theory and executive compensation: The case of Chinese state-owned enterprises. Journal of Labor Economics 22 3 (2004) 615-638
41. Murphy K.M., and Shleifer A. The transition to a market economy: Pitfalls of partial reform. Quarterly Journal of Economics 102 3 (1992) 889-1004
42. Nellis J., and Kikeri S. Public enterprise reform: Privatization and the World Bank. World Development 17 (1989) 659-672
43. Roland G. On the speed and sequencing of privatization and restructuring. Economic Journal 104 (1994) 1158-1168
44. Stiglitz J.E. Globalization and Its Discontents (2002), W.W. Norton & Company, New York
45. Xu L.C., Zhu T., and Lin Y.-m. Political control, agency problems, and ownership reform: Evidence from China. Economics of Transition 13 1 (2005) 1-24
46. Yuen, Terence, Benjamin, Dwayne, Brandt, Loren, 1999. Wage and Employment determination in Chinese state-owned enterprises, 1980-1994. Unpublished manuscript, Department of Economics, University of Toronto