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Excess Investment and Efficiency Loss During Reforms

其他書名	The Case of Provincial-level Fixed-asset Investment in People's Republic of China
出版	Asian Development Bank, 2003
URL	http://books.google.com.hk/books?id=msEWAAAAYAAJ&hl=&source=gbs_api

註釋A method is proposed to estimate efficiency of aggregate investment in a transitional economy, using provincial panel data from the People's Republic of China as an experimental case. Inefficiency is defined on the basis of disequilbrium investment. It is further decomposed into allocative and production inefficiency.