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After controlling for firm-level factor intensities and scale, and industry-level concentration, total factor productivity differentials between MNC (multinational corporation) joint ventures or SOEs (state-owned enterprises) and private firms were usually positive and statistically significant...
Persistent link: https://www.econbiz.de/10010636077
We analyze a mixed oligopoly with free entry by private firms, assuming that a public firm maximizes an increasing function of output, subject to a break-even constraint. We establish an irrelevance result: whenever a mixed oligopoly is viable, then aggregate output, aggregate costs and welfare...
Persistent link: https://www.econbiz.de/10010594152
Fierce debate is ongoing in China concerning the appropriate role for the private sector in the current stage of reform and enterprise restructuring. There are many economists, both within China and without, who argue that China should now increase both the scale and pace of privatisation and...
Persistent link: https://www.econbiz.de/10005438437
Non-governmental organizations (NGOs) have proven to be excellent instruments for promoting a wide range of causes. But they need to adhere to strict ethical principles, that they usually embody in voluntary codes and standards. This paper analyzes one standard, the “Ethics. NGO management...
Persistent link: https://www.econbiz.de/10004976930
The effect of competition on the quality of health care remains a contested issue. Most empirical estimates rely on inference from nonexperimental data. In contrast, this paper exploits a procompetitive policy reform to provide estimates of the impact of competition on hospital outcomes. The...
Persistent link: https://www.econbiz.de/10010815876
This paper discusses ways of strengthening the competitive environment in order to help boost productivity performance in various sectors of the Danish economy. It looks at a number of indicators of the strength of competition — including price levels, industrial concentration and product...
Persistent link: https://www.econbiz.de/10005045968
Vigorous product market competition plays a central role in bolstering productivity growth. Sweden has strengthened competition legislation and deregulated a number of sectors, including electricity, telecommunications and parts of transport, over the past 10 to 15 years. This paper examines the...
Persistent link: https://www.econbiz.de/10005046218
Persistent link: https://www.econbiz.de/10005759200
We develop a theoretical framework for comparing the style of work in public and private enterprises. We incorporate ‘socializing’, as an activity that yields utility for workers and affects a firm’s output, into a simple multitask model of work organization. In contrast with previous...
Persistent link: https://www.econbiz.de/10005791698
The fundamental feature of private contracting is its relational nature. When faced with unforeseen or unexpected circumstances, private parties, as long as the relation remains worthwhile, adjust their required performance without the need for costly renegotiation or formal recontracting....
Persistent link: https://www.econbiz.de/10005714643