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Profitability and capital productivity in Chinese industry (anglais)

This paper examines the behavior of profitability and capital productivity in Chinese industry in the post-reform period. Using firm-level data covering state owned and collective enterprises, issues such as convergence of factor returns and the relationship between profitability, capital productivity, and profit tax are studied by ownership, affiliation, industry groups, and market exposure in terms of exports and direct sale by the enterprise outside...
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