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No abstract.
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Studies of mass support for economic reform reveal a simple conclusion: Everyone hates privatization. Yet whether respondents hold this view due to a preference for state property or concerns about the legitimacy of privatization is unclear. We test these arguments using a 2006 survey of 28,000...
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. It is important to assess the efficiency impact in a long-term context. The Milan study goes some way towards this but …
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No abstract.
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No abstract.
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The performance of Indian railways in the nineteenth century provides a great context to study the effects of state ownership on productivity and other aspects of firm operations. We rely on a key feature of the institutional background whereby the colonial Government of India purchased a...
Persistent link: https://www.econbiz.de/10011274355
allocative and productive efficiency. Nationalization of private firms in case unprofitable investments were made, leads to … increased allocative efficiency despite private ownership. The effort level chosen by the managers working for firms is also … affected by government intervention with an impact on productive efficiency. …
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