Dastidar, Siddhartha G.; Fisman, Raymound; Khanna, Tarun - Institute of Economic Research, Hitotsubashi University - 2006
We examine the effect of regime change on privatization using the 2004 election surprise in India. In that election, the pro-reform BJP was un-expectedly defeated by a less reformist coalition. Government controlled companies that were being studied for complete privatization by the BJP dropped...