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The rise and fall of public enterprise: the framework / Pier Angelo Toninelli -- The decline of state-owned enterprise and the new foundations of the state-industry relationship / Nicola Bellini -- The performance of state-owned enterprises / Yair Aharoni -- The role of the state in economic...
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influence the effect of privatization on efficiency. This is empirically confirmed in a longitudinal study of 24 Spanish firms …, for which several political and organizational factors are found to influence the estimated effects of privatization on … efficiency. The analysis of the timing of the effects reveals a strong significance for post-privatization years 5--6 (negative …
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