systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil … an indication of firm efficiency. Because NOCs also significantly underperform the private sector in terms of output … efficiency and profitability, this paper nevertheless suggests that a political preference for State Oil usually comes at an …

Purpose In the 40 years of reform and opening-up toward a more rational micro-economic structure, the proportion of … output of state-owned enterprises shows a declining trend. Over the past decade, on one hand, the operational efficiency of …-owned enterprises reform is still arduous. Findings In the process of establishing China's modern economic system, there will be some …

World Trade Organization (WTO) reform targeting SOEs and industrial subsidies. China has separately laid out its own reform … in recent times, in large part as reaction to China’s rise to becoming the second largest world economy, and a direct … agenda that includes removing agriculture subsidies entitlements in developed economies. In many ways both reform agendas are …

aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why …

The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in …

Our research tests the difference in investment efficiency between state-owned enterprises (SOEs) and private firms and … then evaluates the effect of privatisation and equitisation policies on the investment efficiency of former state owned …