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The level of technical efficiency in nine organizations privatized in the UK in the 1980s is assessed. Technical efficiency is measured for a number of years before and after privatization using data envelopment analysis. This non-parametric method allows efficiency to be measured without having...
Persistent link: https://www.econbiz.de/10005643901
Recent research suggests that the economic benefits to the UK economy from arms exports might not be that great. Surveys suggest that almost two-thirds of those that lose their job in the defence industry either retire or find new work within one year and arms exports are heavily subsidized by...
Persistent link: https://www.econbiz.de/10005511539
In a number of countries where health care is publicly funded, policies to introduce greater patient choice are being implemented. In most cases patient choice is seen as an instrument to reduce waiting times for elective (non-emergency) hospital services. An important issue is whether...
Persistent link: https://www.econbiz.de/10005282569
For the UK, defence exports provide many jobs but critics point to the morality and human rights aspects of the arms trade. Recent speeches by the foreign secretary suggest that Mr Cook is acutely aware of the trade-off between a more ethical arms export policy and jobs in the defence industry....
Persistent link: https://www.econbiz.de/10009227771
Porter's five competitive forces model provides an analytical framework for assessing the UK aerospace industry's competitiveness in this article. Various statistical indicators are used to measure competitiveness, based on published data at the industry and firm level, supplemented with...
Persistent link: https://www.econbiz.de/10005640239
A number of UK industries are heavily dependent on the government as a major purchaser. The Ministry of Defence and the National Health Service are essentially monopsonists for the industries supplying them. As a monopsonist, government can influence the size, structure, conduct and performance...
Persistent link: https://www.econbiz.de/10005643763
In recent years many countries have privatised their state-owned banks and encouraged foreign investment. This article investigates the roles of state and private ownership and foreign and domestic ownership on the performance of banks across Latin America. Using a range of financial and...
Persistent link: https://www.econbiz.de/10004967030