Criticisms of privatization have centered around the possibility that the observed higher profitability of privatized … and 1991 we find that privatized firms quickly bridge the pre-privatization performance gap with industry-matched control … groups. For example, privatization is followed by a 24 percentage point increase in the ratio of operating income to sales …

Generating government revenue is a common objective in privatization. This paper asks: what determines privatization … actions prior to privatization. The data, gathered from primary sources, encompass 361 privatized Mexican companies in 49 four …-digit industry codes. The determinants of auction privatization prices are divided into three groups: (1) company performance and …

government employees and contracting out to private suppliers, also known as privatization. We examine empirically how United … laws restricting county spending encourage privatization, whereas strong public unions discourage it. The evidence is … by political patronage and taxpayer resistance to government spending in the privatization decision …