The Drag Effect And "Immiserizing Growth” Of State-owned Enterprises

Over the years, the discussion and Research on the performance of state-owned enterprises is very important in theory and practice. In the practice of state owned enterprise reform thirty years, theoretical research results of enterprise performance evaluation is also an immense number of books. But there are still some problems that have not been enough attention, there are still some relationship has not been fully clarified. For example, the drag effect of state-owned enterprises "immiserizing growth" and the phenomenon of state-owned enterprises and private enterprises the subtle relationship between etc.. Through research on the phenomenon of the drag effect of state-owned enterprises and the "immiserizing growth". The results of this study indicated that current state-owned enterprises have drag effect, elements,product market is distorted to some extent, resources to focus on state-owned enterprises, the development of private enterprises applied the adverse external constraints, which restrict its development. And the use of a two-way fixed effect model on the inter provincial panel data empirical analysis, found that the current state-owned enterprises and private enterprises of the two is in the awkward relationship "the country is retreated civilian retreat", state-owned enterprises distort the factor market monopoly not only to the development of private enterprises exert adverse external constraints and state-owned enterprises has also been restricted hypothesis also verified. Finally put forward the reform of state-owned enterprises property rights reform, the development of private enterprises to unify the recommendations.