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This paper examines the performance of infrastructure companies owned by the state, using the newly created World Bank Database of Infrastructure State-Owned Enterprises (SOEs). The data cover 19 countries and 135 SOEs between 2000 and 2018. The analysis reveals that infrastructure SOEs are...
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population. We test the relative efficiency of public and private health care spending in reducing infant and child mortality … privately financed health care. We can explain some of the estimated difference in the efficiency of public and private health … income distribution. However, the efficiency difference remains large and statistically significant in all regressions …
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mechanism of efficiency improvement relating to partial privatization. In this paper, we endogenize efficiency improvement in … relation to the level of privatization. We show that in the short run, an improvement in efficiency associated with a state … the strength of the improvement in efficiency. Specifically, if the effect of efficiency improvement is sufficiently small …
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During transition, maintaining employment and providing a social safety net to the unemployed are important to social stability, which in turn is crucial for the productivity of the whole economy. Because independent institutions for social safety are lacking and firms with strong profit...
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The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in …
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