How does government ownership affect firm performance? A simple model of privatization in transition economies

We present a game-theoretical model of privatization in transition economies. We consider the costs and benefits of government ownership and derive the net effect of government ownership on firm performance. Model predictions are consistent with empirical evidence in the literature.

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Year of publication:	2012
Authors:	Huang, Linqiang ; Xiao, Sheng
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 116.2012, 3, p. 480-482
Publisher:	Elsevier
Subject:	Privatization \| Government ownership \| Firm performance

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Type of publication:	Article
Classification:	G32 - Financing Policy; Capital and Ownership Structure ; G38 - Government Policy and Regulation ; P30 - Socialist Institutions and Their Transitions. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594177