Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …

describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …

-post bargaining. Optimal ownership structures are characterized and a new role for option contracts is identified. …

employers and shareholders, particularly in those industries with high needs for skilled immigrants. The American … this bill and analyze whether and by how much its passage increased shareholders’ profit. The empirical results show that … employers and shareholders in the top H-1B visa user industries enjoyed significant and positive returns with the passage of the …

and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …

. We conclude that the household efficiency does yield empirically falsifiable restrictions despite being scarcely rejected …

there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …

, there is some reason hope that private provision might promote microeconomic efficiency and services which are more … choice and innovation. Second, however, efficiency gains have often been limited. This is due to a number of inter …